Enterprise Risk Management Minimise risks, maximise opportunities

Airbus’ long-term development and production lifecycle make Enterprise Risk Management a crucial mechanism for both mitigating the risks faced by the company and identifying future opportunities.

By systematically integrating Enterprise Risk Management (ERM) as a key management process across the Group, Airbus supports value creation and competitiveness.

This is carefully followed by the Board of Directors (BoD).

There is one Group ERM Centre of Competence: Vincent Leroy is the head of this function (with direct responsibility for Commercial Aircraft ERM) and coordinates group-wide the ERM functions at Airbus Helicopters and Airbus Defence and Space.

In terms of mission, ERM plays a key role to:

  • Make the business more robust and become resilient to unpredicted crises
  • Support operational decision making
  • Improve the business results
  • Reduce the exposure level
  • Be compliant with the Dutch Corporate Governance Code

Airbus ERM system relies on:

  • Strong anticipation culture
  • Speak-up mind-set
  • Robust risk mitigation
  • Opportunity management
  • Strengthened ERM governance at Group, Divisions, Programmes and Functions levels

Airbus ERM uses ISO 31000 as a guideline.