In recognition of its commitment to deliver outstanding corporate governance, Eagle Cement Corporation (Eagle Cement) brings home its first Golden Arrow Award from the Institute of Corporate Directors (ICD).
Enterprise Risk Management
Eagle Cement Corporation, in line with the best practice in business processes, instills high priority on risk management across the company. This is evident on the company’s effort to educate their employees on risk concepts and theories, and encourages active participation of all departments when it comes to assessment of risks being faced by the company.
Even before the formation of the Business Risk Oversight Committee composed of the BODs, employees immersed themselves on risk awareness through series of orientation and activities such as preparation of HIRADCs for IMS purposes.
Currently, the Company has a solid risk management system when it comes to occupational and operations hazards, and it aims to strengthen the risk management system by fortifying the current risk set-up with disaster recovery and business continuity management plan.