2.1 Our approach to risk management
Within enterprise risk management at UCB, we maintain our commitment to our purpose and our patient value strategy and seek to find new ways to manage and leverage an increasingly volatile, complex and ambiguous environment.
2.2 Process and framework
Engaging with key representatives from all operational, functional and strategic business areas, risks are identified and assessed by each business area and the respective leadership team.
2.3 Top risks in 2020
The effects of COVID-19 have accelerated a number of risks, and we have integrated this dimension into our risk analysis. The departure of the United Kingdom (U.K.
2.4 Environmental and social risks
Environmental, social and governance risks are managed alongside strategic and company risks in our Enterprise Risk Management process and governance, as described above.