Risk management

The objective of Vaisala’s risk management is to identify and manage material risks related to strategy implementation and business operations. Approved by the Board of Directors, the Vaisala Risk Management Policy encompasses strategic, operational, hazard, and financial risks. The policy aims to ensure the safety of the company’s employees, operations, and products, as well as the continuity and compliance of Vaisala’s business activities. 

The Board of Directors monitors the evaluation and management of risks related to Vaisala’s overall strategy and business operations and approves Vaisala’s Risk Management Policy. The Audit Committee monitors and assesses the efficiency of risk management in Vaisala and approves risk management related plans.

Risk management is integrated into key business processes and operations by incorporating risk identification, assessment, management, and risk reporting into core business processes. The most material risks are reviewed by the Vaisala Leadership Team twice a year.

Various risks may have an adverse effect on Vaisala’s business operations. You can find more information on Vaisala’s significant near- and longer-term risks in Vaisala’s annual and interim reports.