Within the framework of the Corporate Governance System, Brembo has established a Brembo Internal Control and Risk Management System (ICRMS) inspired by international best practices. This system consists of the organizational structures, rules, and procedures designed to identify, measure, manage and monitor the main risks within the Group. Brembo ICRMS contributes to the effective, accurate, and consistent operation of the company, in alignment with the objectives defined by the Board of Directors. It fosters informed decision-making and a proper understanding of risks, legality, and corporate values.
Moreover, Brembo has implemented a model for identifying and classifying risks based on the type of risk event and/or in relation to the business function from which they originate or to which monitoring and management are assigned.
For a deeper understanding of the main risks that Brembo faces, please refer to the dedicated sections of the Annual Integrated Report.