We are a global operator of essential infrastructure
Actions during 2012
- First report of ' Red Eléctrica´s Adaptation to Climate Change "in which the long-term implications of climate risks on the electricity transmission infrastructure have been assessed.
- Development of a new numerical methodology for sorting and ranking Company risks, taking into account their probability and the whole range of impacts that could affect the Company.
- Updating of the Risk Management Procedure and analysis of its alignment with the directives set out by ISO 31000.
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Performance Indicators (Management indicators) |
2008 | 2009 | 2010 | 2011 | 2012 |
|
Degree of coverage of risk management (%) (1) |
83,0 | 92,1 | 96,2 | 97,6 | 99,0 |
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Improvement of the average weighted value related to risks in comparison to previous year.(2) |
0,90 | 0,75 | 0,95 | 0,94 | 0,95 |
|
External evaluation (DJSI) (0-100) |
92 | 87 | 62 | 70 | 76 |
(1) (Risks addressed/risks detected)*100.
(2) Average weighted value year n/value average weighted year n-1.
DJSI: Dow Jones Sustainability Indexes.
Challenges 2013-2014
- Analysis of the improvements to be included in the risk management processes and in the information supplied.
- Design and implementation of a model of dashboard report of the Group´s risk management.
More information:
Corporate Governance Report, pages 24-31