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  • About Us

    Company Profile


    • Vision, Mission, and Values
    • Board of Directors
    • Regional Leadership in Steel Production
    • Our Production Facilities
    • Investment in Subsidiaries and Associates
    • Qatar Steel Memberships
    • History and Recognitions
  • Products

    • Our Main Products
    • Product Specifications
    • Product Quality
    • Product Innovation
    • Product Traceability
    • Sales and Marketing
  • CERTIFICATIONS
  • Sustainability

    SUSTAINABILITY MANAGEMENT APPROACH


    • MD & CEO's Message
    • QS 2019 Highlights
    • Sustainability Framework
    • Material Sustainability Issues
    • Strategy Map
    • Sustainability RoadMap 2020
    • Qatar Steel Policy
    • Sustainability Performance Data

    REDUCING ENVIRONMENTAL IMPACT


    • Responsible Sourcing And Material Consumption
    • Efficient Energy Usage
    • Reducing Emissions
    • Water Consumption And Effluents
    • By Product Management & Recycling
    • Biodiversity & Ecotoxicity

    APPENDICES


    • Reporting Scope and Boundaries
    • Maturity Assessment
    • GRI Content Index and IPIECA Index
    • Acronyms

    MAKING STEEL MATTER


    • Product Innovation And Operational Efficiency
    • Product Quality and Traceability
    • Customer Satisfaction

    DEVELOPING A HIGH PERFORMING
    AND MOTIVATED TEAM


    • Training and Development
    • Employee Empowerment And Engagement

    QATAR STEEL COMPANY FZE (Dubai, UAE)


    • Engaging with Stakeholders
    • Materiality & Maturity Assessment
    • Summary of Stakeholders Activities
    • Sustainability Performance Data
    • Reducing environmental impact

    ENSURING A SAFE AND HEALTHY WORK ENVIRONMENT


    • Employee and Contractor Safety
    • Safety Governance
    • Safety Training
    • Emergency Response Preparedness
    • Occupational Health

    INSTILLING GOOD GOVERNANCE AND
    ACCOUNTABILITY


    • Corporate Governance
    • Accountability and Ethics
    • Risk Management
    • Internal Audit

    Qatar Steel Company FZE


    • Lifecycle assessments
    • Code of Ethics and Business Conducts
    • Feedback/Complaints
    • QSFZE Sustainability Policy

    CONTRIBUTING TO QATAR'S DEVELOPMENT


    • Qatarization
    • Community Investments
    • Local Procurement

    ACHIEVING PROFITABLE
    GROWTH


    • Financial Performance
  • Customers
  • Tenders

    • Purchase of Ferrous Scrap
    • Supplier Portal
    • How to Tender
    • NOC for Export
    • HSE Procedures
    • TAWTEEN – Supply Chain Localization Program
  • Publications

    • Qatar Steel Magazines
    • Annual Reports
    • Sustainability
    • Newsletter
  • Careers
  • Contact Us
  • Home
  • About Us
    • Company Profile
      • Board of Directors
      • Regional Leadership in Steel Production
      • Our Production Facilities
      • Investment in Subsidiaries and Associates
      • Qatar Steel Memberships
      • History and Recognitions
  • Products
    • Our Main Products
    • Product Specifications
    • Product Quality
    • Product Innovation
    • Product Traceability
    • Sales & Marketing
  • Sustainability
    • Our Sustainability Approach
      • Managing Director and Chief Executive Officer’s Message
      • Qatar Steel Highlights 2019
      • Sustainability Framework
      • Material Sustainability Issues
      • Strategy Map
      • Sustainability Roadmap 2020
      • Qatar Steel Policy
    • Making Steel Matter
      • Product Innovation and Operational Efficiency
      • Product Quality and Traceability
      • Customer Satisfaction
    • Contributing to Qatar’s Development
      • Qatarization and Education Investment
      • Local Procurement
      • Community Investment
    • Reducing Environmental Impact
      • Responsible Sourcing and Material Consumption
      • Efficient Energy Usage
      • Reducing Emissions
      • Water Consumption and Effluents
      • Waste Management and Recycling
      • Biodiversity and Ecotoxicity
    • Ensuring A Safe and Healthy Work Environment
      • AMAN Safety Transformation Program
      • Employee and Contractor Safety
      • Safety Training
      • Emergency Response Preparedness
      • Occupational Health
    • Developing a High Performing and Motivated Team
      • Training and Development
      • Employee Empowerment and Engagement
    • Instilling Good Governance And Accountability
      • Corporate Governance
      • Accountability and Ethics
      • Risk Management
    • Achieving Profitable Growth
      • Financial Performance
      • Cost Optimization
    • Appendices
      • Reporting Scope and Boundary
      • Maturity Assessment
      • GRI Content Index and IPIECA Index
      • Acronyms
    • Qatar Steel Company FZE (Dubai, UAE)
      • Engaging With Stakeholders
      • Materiality & Maturity Assessment
      • Summary of Stakeholders Activities
      • Sustainability Performance Data
      • Reducing environmental impact. Decoupling growth from our environmental impact
      • Lifecycle assessments
      • Code of Ethics and Business Conducts
      • Feedback/Complaints
      • QSFZE Sustainability Policy
  • Customer
  • Tenders
    • Purchase of Ferrous Scrap
    • Supplier Portal
    • How to Tender
    • NOC for Export
    • HSE Procedures
    • TAWTEEN – Supply Chain Localization Program
  • Publications
    • Qatar Steel Magazines
    • Annual Reports
    • Sustainability
  • Careers
  • Contact Us
Sustainability > Instilling Good Governance And Accountability > Risk Management

Risk Management

Changes in the business environment are increasing rapidly, along with increasing competition levels, resulting in a variety of business risks that could affect the company’s performance. In this VUCA (Volatility, Uncertainty, Complex & Ambiguous) world, Qatar Steel recognizes that the effective management of business risks and opportunities is crucial to our continued growth and success. Apart from that, there are several critical Drives for having a Risk management framework:

  • Greater transparency (Corporate Governance)
  • Security and technology issues
  • Globalization in a continuously competitive environment.

Qatar Steel also has an integrated Enterprise Risk Management (ERM) framework, which is in place to manage business risks, as well as to provide solutions for risk mitigation.

Qatar Steel’s Business Continuity Management System (BCMS) has provided the required security of business continuity in the event of occurrence of any of the business continuity risk scenarios. Regular reviews and updates to the business continuity risk scenarios are performed at departmental and company-wide levels.

  • Instilling Good Governance And Accountability
  • Corporate Governance
  • Accountability and Ethics
  • Risk Management
  • Internal Audit

QUICK LINKS

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RECOGNITIONS

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  • Applus
  • CARES
  • CARES
  • ISO 6935-2
  • CARES
  • ISO 14001:2004
  • SAAR
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