Risk management is vital to Ballast Nedam. Risks that could be reduced so that the company objectives and results can be achieved, are identified, analysed, monitored and controlled. Managing risks well is not only important for our clients, but also for stakeholders, such as shareholders, employees, business partners and supervisors.
That is why Ballast Nedam has formulated a clear policy to control the risks within the firm within a clear and consistent system. It goes without saying that taking sensible risks is vital to a sound company. However, for these risks to be acceptable, it is important that they be carefully identified, analysed, monitored and managed. That is why we maintain an adequate risk management and control system.
Thorough risk management The organisational structure of Ballast Nedam is decentralised into divisions which, in turn, consist of decentralised subsidiaries. To prevent these subsidiaries from taking undesirable risks, contracts above a certain limit must always be approved by the division director.
Thorough risk management limits our financial and operational risks and limits the risks of relevant legislation and regulations not being observed. Internally, it is absolutely clear that legislation and regulations must be strictly observed. This is, for instance, laid down in a code of conduct for all employees.
Our organisation Group structure View our group and management structure
That is why Ballast Nedam has formulated a clear policy to control the risks within the firm within a clear and consistent system. It goes without saying that taking sensible risks is vital to a sound company. However, for these risks to be acceptable, it is important that they be carefully identified, analysed, monitored and managed. That is why we maintain an adequate risk management and control system.
Group structure