RISK MANAGEMENT
The Group adopts an integrated top-down and bottom-up risk review process that enables systematic identification, assessment, and prioritisation of all material risks in alignment with the Group’s strategy. An integral part of the process towards effective risk management is continuous communication and consultation with internal and external stakeholders. This collaborative approach enhances the Group’s understanding of risk management, fosters informed decision-making, and supports the implementation of best policies and practices that drive long-term value for the organisation.
MATERIAL RISKS TO THE CDL GROUP
The Group categorises its risk profiles into four key areas: Strategic, Treasury and Financial, Operational and Compliance, and Information Technology. These risks vary widely, with many factors beyond the Group’s control. To mitigate risk exposure, the Group employs appropriate risk management strategies and robust internal controls. Close monitoring and adequate control processes, supported by appropriate key risk and performance indicators, are implemented to ensure the risk is kept within the Group’s risk appetite and risk tolerance limits.