Page 64 - UBP - IR2020

MANAGEMENT APPROACH
Risk management report
Risk Risk Category Risk Risk Strategic Implication
Risk-Mitigating Actions
Completed Ongoing
People
Health and Safety (H&S) risks on
our production sites Objectives 4 & 5 - Potential operational delays loss of employee goodwill and reputational damage - More visual cues have been added on
our production sites - Communication with Health & Safety officers has been enhanced - Further H&S measures will be implemented - H&S audits are conducted regularly - Training sessions are held on
a recurrent basis - Recruitment of a H&S Officer for the Group Health & & Safety (H&S) - - COVID-19
Objectives 4 & 5 - Potential operational delays loss of employee goodwill and reputational damage - As reported in the Human capital section strict measures were implemented with the help of a communication plan before and throughout the lockdown - Work from Home Policy was defined with laptops provided for those in need - We will continue
to practise all
safety measures in accordance with the most recent and relevant scientific information and local laws Inability to recruit and retain talent in in an evolving business environment Objectives 2 & 4 - Direct impact on
our ability to innovate and seize opportunities - A new Group HR Manager has joined the Group since July 2018 - An engagement survey was conducted to gauge the engagement level of employees and the results have been communicated Actions
will be taken based on
the findings - - A job-grading
structure was implemented and an alignment of pay with market trends has been effected - Internal development programmes based on
Learning Needs Analysis (LNA) are devised on
a a yearly basis - The implementation of a a Performance Management System (PMS) is underway - Human resources and succession planning policies are being outlined 64 - UBP INTEGRATED REPORT 2020