A tribute to Olavo Setúbal
Highlights 2008
Main Indicators
Vision, Mission and Values
Profile
Message from the President
Presentation of the Report
Corporate Governance
Strategic Management
Wood Division
Deca Division
Analysis of Results
Risk Management
People Management
Commitment to External Initiatives
Social Management
Environmental Management
Awards, Certifications
and Other Recognition
Annual Social Balance Sheet 2008
GRI Summary
Corporate Information
Financial Statements

Select one of the items in this chapter


RISK MANAGEMENT

The increase in competition and the unstable economic scenario reinforce the need for the existence of more efficient processes, rigid internal controls and transparent practices of corporate governance, contributing to guaranteeing levels of risk and quality adequate for the success and the continuity of the business.
Transparent Practices
Duratex tries to identify, quantify and reduce, whenever possible, the risks that may impact its operational performance; such as market, operational, financial, credit, technological, the cost of raw materials, image and reputation. (GRI 1.2)

The analysis of risks and opportunities at all stages of its operations take into consideration the Principle of Precaution, instituted during the United Nations Conference on the Environment and Development, in 1992, which deals with the risk management assumed by the organization in its operational planning and in the manufacture of new products. Based on this principle, efficient and economically feasible measures to prevent the threat of serious or irreversible damage to the environment or human health should not be postponed. In this sense, Duratex already invests in highly-efficient technologies with the lowest impact on the environment and in advanced practices of corporate governance, guaranteeing the success and continuity of its business. (GRI 4.11)