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  • About Us

    Company Profile


    • Chairman’s Message
    • MD & CEO’s Message
    • Vision, Mission, and Values
    • Board of Directors
    • Management Team
    • 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
    • Sales and Marketing
  • CERTIFICATIONS
  • Sustainability

    SUSTAINABILITY MANAGEMENT APPROACH


    • Message From Chairman
    • MD & CEO's Message
    • Sustainability Policy
    • Qatar Steel Highlights 2021
    • Stakeholder Map
    • Sustainability Framework
    • Material Sustainability Issues
    • Strategy Map
    • Sustainability RoadMap 2021
    • Sustainability Performance Data
    • Qatar Steel’s COVID-19 Response

    CREATING A BALANCED ECOSYSTEM


    • 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

    BUILDING THE FUTURE


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

    DEVELOPING A HIGH PERFORMING
    AND MOTIVATED TEAM


    • Training and Development

    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
    • HSE Key performance indicators (KPI)

    PRACTICE GOOD GOVERNANCE


    • 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 NATIONAL GROWTH & DEVELOPMENT


    • Qatarization
    • Community Investments
    • Local Procurement

    ACHIEVING PROFITABLE GROWTH & BUSINESS PORTFOLIO


    • Growth Strategy
    • Operational Overview
    • Financial Performance
  • Customers
  • Procurement

    • Vendor Registration
    • Supplier Portal
    • NOC for Export
    • Purchase of Ferrous Scrap
    • HSE Procedures for Contractors
    • TAWTEEN – Supply Chain Localization Program
  • Media Center

    • Press Release
    • Publications
      • Annual Reports
      • Integrated Reports
      • Qatar Steel Magazines
      • Sustainability Reports
    • Blog
  • Careers
  • Contact Us
  • Home
  • About Us
    • Company Profile
      • Chairman’s Message
      • MD & CEO’s Message
      • Vision, Mission and Values
      • Board of Directors
      • Management Team
      • 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
    • Sales & Marketing
  • Certifications
  • Sustainability
    • SUSTAINABILITY MANAGEMENT APPROACH
      • Message from Chairman
      • MD & CEO’s Message
      • Sustainability Policy
      • Qatar Steel Highlights 2021
      • Stakeholder Map
      • Sustainability Framework
      • Material Sustainability Issues
      • Strategy Map
      • Sustainability Roadmap 2021
      • Sustainability Performance Data
      • Qatar Steel’s COVID-19 Response
    • Building the Future
      • Product Innovation and Operational Efficiency
      • Product Quality and Traceability
      • Customer Satisfaction
    • Ensuring A Safe and Healthy Work Environment
      • Employee and Contractor Safety
      • Safety Governance
      • Safety Training
      • Emergency Response Preparedness
      • Occupational Health
    • Contributing to Qatar’s Development
      • Qatarization
      • Local Procurement
      • Community Investment
    • Creating a Balanced Ecosystem
      • Responsible Sourcing and Material Consumption
      • Efficient Energy Usage
      • Reducing Emissions
      • Water Consumption and Effluents
      • By product Management and Recycling
      • Biodiversity & Ecotoxicity
    • Developing a High Performing and Motivated Team
      • Training and Development
    • Practice Good Governance
      • Corporate Governance
      • Accountability and Ethics
      • Risk Management
      • Internal Audit
    • Achieving Profitable Growth & Business portfolio
      • Growth Strategy
      • Operational Overview
      • Financial Highlights (Consolidated)
    • Appendices
      • Reporting Scope and Boundary
      • Maturity Assessment
      • GRI Content Index and IPIECA Index
    • 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
  • Customers
  • Procurement
    • Vendor Registration
    • Supplier Portal
    • NOC for Export
    • Purchase of Ferrous Scrap
    • HSE Procedures for Contractors
    • TAWTEEN – Supply Chain Localization Program
  • Media Center
    • Press release
    • Integrated Reports
    • Annual Reports
    • Qatar Steel Magazines
    • Sustainability Reports
    • Blog
  • Careers
  • Contact Us

Risk Management old

Changes in the business environment are increasing rapidly, along with an increasing level of competition, 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 is crucial to our continued growth and success. Apart from that, there are several critical drivers for having a risk management framework, including:

  • Greater transparency
  • Security and technology issues
  • Globalization in a continuously competitive environment

Qatar Steel has an integrated Enterprise Risk Management (ERM) framework, which is in place to manage business risks.

To further enhance business resiliency, Qatar Steel established a comprehensive Business Continuity Management System (BCMS) in 2017. QS BCMS provides a clear framework as to how to identify potential business continuity risks and its management. QS BCMS allows the company to quickly respond to any unplanned incident, and thus, minimize its potential negative impacts on the company. Furthermore, as part of this program, necessary trainings and awareness initiatives are being conducted.

  • Risk Management old

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