Risk management, audit and assurance
Sustainability risks (including social, environmental and ethical risks) are integrated into the Group’s risk identification, management and monitoring processes. This includes:
- Annual assessment of sustainability risks and performance (presented by Paul Richardson).
- Brand Check process – a review of WPP business operations and risk profiles (presented by Group chief executive Sir Martin Sorrell at Board meetings).
- Selected internal audits that cover sustainability risks.
- Due diligence process for acquisitions – a review of risks relating to bribery and corruption or ethical issues associated with client work. We have a process to make sure that acquired businesses embed our policies and undertake our ethics training.
See our Annual Report for more detail on our risk management process, our audit process and a list of our principal risks.
Chapter 8 of 10