Enterprise Risk Management (ERM)

CHP works on its enterprise risk management (ERM) processes aligned with the global CEMEX ERM approach which is designed to provide the structured approach to manage all important risks that could impact the company’s objectives. A multitude of risks can affect CHP, its assets and employees, as well as its neighbors and stakeholders. Accordingly, we use risk management systems and tools to gather information from a range of sources, analyze the data, identify and assess potential risks, and then respond to them. These processes include an evaluation of environmental, health, and safety risks. We have several processes that test the robustness of our systems, evaluate compliance across all business units, and encourage continuous improvements. These processes include compliance training for employees, periodic reviews of our policies and procedures, and regular internal audits.