Risk management is systematically and thoroughly considered at all levels of the Georg Fischer Corporation. The relevant responsibilities, principles, risk strategies, tools and risk classifications are defined in the Organization and Business Rules (PDF) (200.93 KB) and a related group directive.

Strategic risks and opportunities are primarily assessed at Board level, while financial and operational aspects are mainly dealt with by the CEO and the other members of the Executive Committee. Responsibility for risk management implementation lies with the CEO, who has appointed a Chief Risk Officer to carry out this task. Managers are individually responsible for risks and opportunities within their companies.

The risk management framework at Georg Fischer gives management the security required to deal with risks and opportunities. Risk management is integrated into existing planning and management processes, giving the company a better chance of attaining its goals and thus increasing its enterprise value.

Georg Fischer is pursuing a strategy of risk governance. Within this strategy, risks and opportunities are systematically recorded Corporation-wide. Causes, effects and defined measures are periodically analysed and evaluated. Regular reporting at all levels and to the Board of Directors and Executive Committee are further elements of Georg Fischer's risk management strategy.