Risk Management

MASISA has a formal risk management process as support for complying with its strategic objectives.The management and risk evaluation process is led by the Corporate Internal Audit Unit, through a methodology and support tool called “Risk Management System” (“SAR”, according to its acronym in Spanish for Sistema de Administración de Riesgos), which provides a common focus, structured and based on prevention, in order to back and support Management in its decision making process.
This process comprises all the business risks, among them, risk evaluation for the social and environmental dimension completely aligned with the Company’s Triple Bottom Line Strategy.

The risk management methodology and its monitoring is the accountability of the Company’s Board of Directors, supported by the Audit Committee, to which the Internal Corporate Audit Unit reports in order to assure independence in its evaluations.