GROSS
OPERATIONAL
AND CSR RISKS
NET
SIGNIFICANT
AND SPECIFIC
OPERATIONAL,
FINANCIAL AND
CSR RISKS
PRIORITY
RISKS
OPPORTUNITIES
ENGIE identifies
several gross
material risks
the resources
to handle them
and the monitoring
indicators
It publishes them
in its Nonfinancial
Statement In 2022
24 gross risks
ENGIE identifies
several significant
and specific risks
after mitigation
measures notably at
the end of its annual
ERM exercise In 2022
17 net risks
The Board of Directors selected
priority risks from among
the specific net risks to be
monitored periodically
within its committees
(Audit, SITC, EESDC).
ENGIE has identified
several opportunities
associated with these
priority risks.
MANAGE RISKS, SEIZE OPPORTUNITIES
Engie’s business context exposes it to financial and non-financial risks, but also offers opportunities.
This is why the Group continually analyzes their evolution in order to best adapt to changes in
its environment.
ENGIE identifies the gross material
risks to which it is exposed within its
environment. These different risks,
the resources to handle them and the
monitoring indicators are presented
in the Non-financial Statement (NFS,
Chapter 3 of the 2022 Universal
Registration Document).
At the end of its annual ERM exercise –
Enterprise Risk Management
– and after
taking into account mitigation measures,
the Group identifies its significant
and specific net risks. (Risk factors,
Chapter 2 of the 2022 Universal
Registration Document).
Each year, the Board of Directors selects
a limited number of priority risks from
among these net risks.
The eight risks that the Board has selected
are monitored by the permanent Board
committees: the Audit Committee,
the Strategy, Investment and Technology
Committee (SITC)and the Ethics,
Environment and Sustainable
Development Committee (EESDC).
Each of these priority risks also potentially
presents strategic opportunities for
the Group. They essentially concern the
sale of services, industrial development
or performance optimization.
8
priority risks monitored
by the Board of Directors
in 2022
In 2022, the list of risks becomes:
1 Climate change
adaptation and transition
Sales of consulting and services
to reduce customer GHG emissions
Conversion to renewable gases
biomethane and hydrogen
2 Human Resources
retention of expertise
and attractiveness
3 Health safety
Industrial safety
Improvement in performance
motivation and wellbeing
at work
Strengthening the employer brand
4 Market risk
5 Supply chain
6 Position of gas
Market transactions
Optimized management
of supply flows
Conversion to renewable gases
biomethane and hydrogen
7 Nuclear safety
8 Cybersecurity
Sale of services digitization
robotization security and
surveillance of sensitive sites
2023 INTEGRATED REPORT - 13