Page 49 - InterloopAnnualReport2020
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Risks Source Nature Mitigation Strategies
Changing Impact: M We continue to closely monitor competitive forces in the market
Tariff
and invest in our capacity, diversification, quality, service delivery
Commercial Near Shoring External global brands and retailers
and ethical practices to maintain our deep relationships with
Regimes/
Likelihood: M
Our global teams continue to monitor financial results and
Impact: M
Customer
market news and conduct credit risk analysis of our customer
base. We regularly monitor our credit period and receivable
Likelihood: M
Bankruptcy
amount and manage the risks associated within tolerance levels
Risks Source Nature Mitigation Strategies
We continue to monitor and strongly emphasize on quality
Impact: M control and have strong measures in place to produce quality at
Claims
Likelihood: L source and have regular technical and process audits to avoid
any critical defects from passing on to the customer
Operational Environment, Internal Impact: H Interloop has a comprehensive EHS framework in place and
proactively monitors all its processes that affect EHS with a
robust mechanism in place, to ensure compliance with all EHS
Health &
laws (local and international). In addition, all our physical assets
Likelihood: L
Safety (EHS)
are insured against unforeseen incidents such as fire, theft and
so forth
Interloop continues to provide sustainable employment to more
than 21,000 people. We have stringent workplace standards
in place complying with international labour laws, however,
Impact: M
Attrition Rate our aim is to go beyond the minimum, break the class barriers
Likelihood: L
and empower our team members, providing an equitable and
respectable workplace, keeping our people motivated and
engaged
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