Enterprise Risk Management
Minimise risks, maximise opportunities
Mitigating risks & identifying opportunities
Airbus’ long-term development and production lifecycle make Enterprise Risk Management a crucial mechanism for both mitigating the risks faced by the Company and identifying future opportunities.
By systematically integrating Enterprise Risk Management (ERM) as a key management process across the Company, Airbus supports value creation and competitiveness.
This is carefully followed by the Board of Directors (BoD).
There is one group ERM Centre of Competence with direct responsibility for Commercial Aircraft ERM and for group-wide coordination of the Airbus Helicopters and Airbus Defence and Space ERM functions.
Our mission
In terms of mission, ERM plays a key role to:
- Make the business more robust and become resilient to unpredicted crises
- Support operational decision making
- Improve the business results
- Reduce the exposure level
- Be compliant with the Dutch Corporate Governance Code
What supports the Airbus ERM system?
Airbus ERM system relies on:
- Strong anticipation culture
- Speak-up mind-set
- Robust risk mitigation
- Opportunity management
- Strengthened ERM governance at Company, Divisions, Programmes and Functions levels
Airbus ERM uses ISO 31000 as a guideline.
Our Governance
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Our governance
Airbus' top-level governing body is the Board of Directors, which delegates day-to-day management to the company’s Chief…
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Shareholders' Meeting
Airbus holds Annual General Meetings to inform shareholders and elect the Board of Directors, which manages the company.
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Governance framework and documents
In addition to its responsibilities under applicable law, Airbus’ Board of Directors handles certain enumerated categories of…
