Risk Management

Zorlu Holding Corporate Risk Management Department carries out activities for early recognition of risks that may endanger the Zorlu Energy assets, development and continuity and implements requires measures against identified risks in a central structure. The Corporate Risk Management implemented by Zorlu Holding is a framework and set of rules ensuring the identification, evaluation and consistent, comprehensive and economical management of any incident which may impact the Holding and its companies. This framework has been established on the basis of globally accepted Corporate Risk Management frameworks such as COSO (The Committee of Sponsoring Organizations) and ISO 31000. All risks that Zorlu Energy is exposed to are managed within specific risk tolerance level within the framework of Corporate Risk Management, assisting the Group in achieving its objectives and targets. With this approach, the risks are evaluated in a portfolio approach rather than individually, and managed in consideration of their interactions with other risks.