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| Experience - Electronics |
| Non-financial
risk management of a global electronics
company reviewed and audited by Young &
Global Partners and NeoEcos |
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Industry: |
Electronics |
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Contracted Service: |
EHS Regulatory
Advisory Service; EHS Audit |
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Project Period: |
Completed |
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Project Lead: |
Jae-Kyu MYUNG,
DaeYoung PARK |
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Summary
As one of the top global electronics
company, the client has expanded its
global operations significantly.
While financial risk has been
managed by a strong corporate team,
non-financial risk (e.g.
environmental, health and safety,
labor issues, corporate social
responsibility) has been less
carefully managed by the client.
Young & Global Partners and NeoEcos
has reviewed the corporate
non-financial risk management system
and carried out audits in one of the
Chinese facilities of the client.
All the results were presented to
the corporate management board for
the restructuring of its corporate
non-financial risk system.
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Background
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Young & Global Partners
and NeoEcos have carried
out this assignment with
three phases.
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Phase I (Review
of Existing
Non-Financial
Risk System)
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Phase II
(Benchmarking
Studies and
Meetings with
Global Market
Players):
Project
countries
included
Finland,
Belgium,
Germany, France
and the
Netherlands.
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Phase II (Onsite
Audit in China):
The project team
has developed a
global model
audit protocol
containing local
legal
requirements,
chose one of the
biggest
manufacturing
sites, and
carried out
on-site audits.
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Young & Global
Partners Team
Young & Global Partners are involved in innovative and
challenging issues across a broad range of environmental
policies and laws in the world. Our experts have extensive
experience in providing practical and business-oriented
approaches and solutions to our clients' problems. |
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