Risks and risk management
Sustainability risks Like all business operations, Ramudden’s operations are associated with various risks. To be able to monitor, limit and manage these risks pro actively, we have prepared a special procedure that describes all risk management at Ramudden.
Risk area
Description of risks
Environment
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Negative climate impact as a consequence of business travel and transport. Non-compliance with environmental legislation and ordinances. Major environmental incidences in operations or the supply chain.
Human rights
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Human rights infringements such as unreasonable working conditions, forced labour, harassment and discrimination at our own work sites or at subcontractors or suppliers.
Employees and social conditions
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Occupational injuries and ill-health affecting employees at Ramudden’s work sites or people in the periphery who are affected by our operations. Lack of expertise and the right staff for projects.
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Anti-corruption
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Corruption, bribes, money laundering, breach of antitrust and competition legislation or failures to comply with Ramudden’s values. We generally mainly see increased risks in connection with production outside the Nordic region and when our suppliers engage subcontractors.
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