Strategy
Managing the risks inherent to the Group’s business activities
Risk management is based on the principles that guide employees, namely: prudent thinking, application of experience, pre-emptive action and long-term vision, transparency, and collegial decision-making.
The major risks
Major risks – as covered in this mapping exercise – are events that, were they to occur, could impair the Group’s ability to manage its activities and achieve its strategic, operational and financial objectives within the timeframe of its business plan. As well as mapping major risks, Bouygues also conducts other risk-mapping exercises, such as those it is required to complete in line with France’s Duty of Vigilance law and the CSRD. In some cases, these exercises take a longer-term view and include impacts on the Group’s external stakeholders.
Risk management procedure
Each year, the major risks – from strategic, operational and financial to legal, IT, ethical, environmental and HR – are identified and assessed at operating entity, business segment and Group levels. Action plans are drafted and monitored to improve control over these risks. This procedure, which follows an annual cycle, involves a large number of operational and support employees who work to supply regular, transparent information to governance bodies and share expertise between generations.
1 Operating entities
- MAPPING OF THE OPERATING ENTITIES’ MAJOR RISKS
- Senior management of the operating entities
- Senior management of the business segments
2 Business segments
- MAPPING OF THE SIX BUSINESS SEGMENTS’ MAJOR RISKS
- Business segment Audit Committee
- BUSINESS SEGMENT BOARD OF DIRECTORS
One meeting devoted to the business segments’ multi-year strategic plans and their related risk maps
3 Group
- MAPPING OF THE GROUP’S MAJOR RISKS
- Bouygues’ Audit committee
- BOUYGUES BOARD OF DIRECTORS
One meeting devoted to the business segments’ multi-year strategic plans and their related risk maps