DSM Integrated Annual Report 2021

DSM risk management framework

A well-embedded risk management framework and accompanying organization are in place. The framework is based on COSO Enterprise Risk Management and this section is structured accordingly (see DSM Risk Management Cycle below). For each of the five COSO components (dark blue boxes) the implementation within DSM (light blue boxes) is explained, starting with Governance & Culture (in a clockwise direction).

DSM risk management framework (graphic)