DSM Integrated Annual Report 2022

DSM risk management framework

DSM has a well-embedded risk management framework and accompanying organization. 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).

The Committee of Sponsoring Organizations of the Treadway Commission