Risk Governance Model
EDPR governance model is fully aligned and integrated in the EDP group risk governance model based on the concept of 3 internal lines of defence to the organization, complemented by a fourth external line of defence, in the figure of external audit and regulation/supervision.
The Three Lines of Defence Risk Governance Model
Risk management is embodied by the Risk Business Enablement Function (RISK), encompassed by overarching Centres of Excellence and Platform Business Partners (including EDPR RISK responsible), ensuring fluid articulation and communication throughout EDP Group regarding the main sources of exposure and risk mitigation measures.
A detailed description of EDPR Group’s competent bodies, as well as their respective responsibilities, is available at the document below.
1747151996