Lisk Management Systems
Dong-A Socio Holdings operates an Enterprise Risk Management (ERM) system to integrate and manage financial and non-financial risks that may arise from its business activities across the entire organization. Starting with the holding company in 2021, the Group completed the establishment of the ERM system across its affiliates by 2025 and is focusing on internalization of the system.
Lisk Management Operations
Dong-A Socio Holdings has established and operates an Enterprise Risk Management (ERM) framework to proactively identify and respond to external risk factors that the organization may face. Through this framework, the Company systematically identifies, assesses, and manages a wide range of risks, enabling effective responses to a rapidly changing business environment. By conducting internal and external environmental analyses, Dong-A Socio Holdings proactively identifies financial and non-financial risks and systematically analyzes and evaluates them to minimize potential threats. In addition, the Company strengthens response capabilities across each business unit through risk internalization. Regular risk monitoring is also conducted to continuously enhance and advance the risk management framework. By building a stable management environment, Dong-A Socio Holdings aims to maximize corporate value and secure a foundation for sustainable growth.
Risk Management Statement
Dong-A Socio Holdings recognizes the importance of risk management for sustainable and stable growth and hereby declares its commitment to comply with the following principles.
Dong-A Socio Holdings proactively identifies potential risks
across all areas in advance and establishes and operates
a management system to prevent them.
Risk management is not limited to specific departments or roles,
but is regarded as an enterprise-wide activity involving all employees,
and a culture of continuous risk management is fostered throughout the organization.
All risk management activities are continuously improved through ongoing monitoring,
and are operated to enable a prompt and effective response to changes in the business environment.
Organization and Operations
Dong-A Socio Holdings operates a risk management organization composed of risk managers assigned to each department to ensure effective risk response. With the support and monitoring of the Ethics Management Office, each team systematically identifies various risks that may arise in the course of its operations based on established risk management procedures and maintains a constant management framework to enable swift responses. In addition, the results of enterprise-wide risk management activities are regularly reported to management and the ESG Committee, based on which continuous improvements and response strategies are developed. To proactively identify and effectively respond to various risk factors that may arise across overall business operations, Dong-A Socio Holdings has established and operates five key risk management areas: strategic, operational, compliance, external environment, and financial risks. The Ethics Management Office, the dedicated organization responsible for enterprise-wide risk management, conducts regular risk assessments and works closely with designated risk managers in each team to closely review the effectiveness and level of on-site response systems for identified risks.
