Basic HTML Version
60
Annual Report 2013 www.recope.com
1.
Strengthening of the control environment
by reinforcing a positive attitude towards control and
promoting compliance with values, through follow
up and support was provided to the work performed
by the Ethics Management Group, which coordinated
campaigns to promote values. The ethical commitment
with all company staff was renewed and a perception
measurement tool was implemented with regards to this
matter, which shall be implemented in the year 2014.
2.
Risk based decision making was promoted, for
which corporate risk maps were updated, for substantive
and support processes. Also, the necessary management
actions were established for those risks classified outside
the acceptability levels set by the company, achieving
compliance with RECOPE’s mission to supply the fuel
needed nationwide.
3.
Control and accountability mechanisms were
kept at management level and departments belonging
to Higher Management, with follow up to action plans
prepared for risk assessments and self-evaluation for
internal control, as reported to the Board of Directors, as
a part of the Integral Management Report.
4.
Higher Management strengthened the
Internal Unit and Risk Assessment Unit, through
support actions performed and the incorporation of
the Coordinator during the Advisory Council sessions,
favoring monitoring and follow up work performed
by said Unit. Some of the main actions supported are
Coordination and direction of the risk assessment
process, for management and heads of
departments, as well as for project leaders.
Review and updating of the risk assessment
methodology from the experience gained by
the company, in order to have a more effective
process.
Review and expansion of the risk portfolio for the
company, particularly in project risks matters.
Design of a virtual course for Internal Control,
customized to RECOPE’s activities, to facilitate
training dynamics for new employees and
updating all existing staff, contributing to
compliance with the General Internal Control Law,
Internal Control Guidelines for the Public Sector
and other applicable regulations.
The main accomplishments are listed below: