Risk Management
Ayala Land's enterprise risk management (ERM) is a fundamental part of its business discipline, ensuring that key risks are properly identified, assessed, and prioritized. This program is embedded into our operations, reflecting our commitment to responsible risk management.
Ayala Land's enterprise risk management (ERM) is a fundamental part of its business discipline, ensuring that key risks are properly identified, assessed, and prioritized. This program is embedded into our operations, reflecting our commitment to responsible risk management.
A risk assessment is conducted by each business unit to produce valuable insights into the prioritization of risks identified by each unit. The Chief Risk Officer (CRO) consolidates these assessments and then meets with the Risk Council for a cross-functional review.
The Chief Risk Officer (CRO) holds discussions to identify and prioritize risks, understand emerging risks, and agree on initiatives to pursue. Afterward, the CRO reports the results to senior management, and summarizes and presents them to the Ayala Land Board Risk Oversight Committee (BROC). To ensure that risks are up-to-date and relevant, a comprehensive review of ALI’s risk universe is conducted every three years or as necessary. Ayala Land’s Board of Directors oversees the company’s strategic, operational, financial and compliance-related risks with feedback from the semi-annual BROC meetings.
Through our ERM program, we are committed to proactively identifying and managing both strategic and operational risks, ensuring the long-term success and sustainability of Ayala Land.