Governance, Risk, and Compliance – a management system to ensure you exist in the future
Register now to hear Saret Van Loggerenberg, Manager of Risk & Compliance, tell the story of Exxaro’s GRC journey – 10.00am BST/11.00am CEST, Thursday 25th June.
A management system to ensure you exist in the future – that’s how Saret Van Loggerenberg, Manager of Risk & Compliance, Exxaro, describes GRC and why the company undertook a major initiative to restructure its GRC processes.
Managing GRC is, of course, a regulatory responsibility. But companies like Exxaro have realized that a proactive approach to GRC is a way of promoting resiliency and the ability to handle future challenges, as well as a driver of greater efficiency.
In Exxaro’s case, by leading a major restructuring of the company’s GRC processes, Saret was able to break down organizational silos and put in place standardized, company-wide risk management processes that are used throughout the organization, all the way up to board level. Processes that have won Saret and Exxaro two prestigious awards, one from the Institute of Management South Africa and the other from analyst firm GRC 20/20.
One of the keys to Saret’s success has been teaching people that risk management is not merely checking boxes. “It’s about being resilient and proactive in every layer of the organization,” she says.
“The board needs to ensure that they manage those risks that will affect the strategic objectives. The miners need to think about the risks at the coal face so that they can conduct themselves in a safe manner. Asking about risk is really about entrenching proactive culture and not just taking part in a routine, compliance-driven exercise.”
Learn more about Exxaro’s GRC initiative, how it was conducted, the results that have been achieved, and the lessons learned from Saret at our webinar – 10.00am BST/11.00am CEST on Thursday 25th June.