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2. Risk management

2.1 Our approach to risk management

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.

Building on the solid foundation of UCB’s risk framework and governance platform, risk management has seen exciting opportunities to increase our impact in 2020, and beyond.

Strengthening our connection to strategy and expanding our risk lens 

Enterprise Risk Management is positioned into the Global Legal Affairs team which allows the members of the Enterprise Risk Management group to fully leverage the transversal nature of the legal function.

Under this structure, UCB enhanced the interfaces between strategy, enterprise risk management and business stakeholders for a more agile and value-add approach. In addition, we heighted our understanding of uncertainty both from our internal context and emerging risks arising from the external environment.