Risk management

To face supply crises, SAGESS applies management controls: preparation (planning, organizing), operational response (based on availability of strategic reserves) and normalization (experience and feedback). With its eminently technical mission, SAGESS manages its plants contracts using operational and environmental risk management. By definition, managing strategic reserves requires such a complex supply chain that it calls for a systematic strenghtening of operational procedures and a maximum risk coverage.

Covering various risks with preventive insurance measures

To better understand, identify and quantify risks, SAGESS has put in place preventive measures to protect strategic reserves:

Risks related to fires and explosions

• Fire / explosion insurance policy directly managed by SAGESS

Operational risks
Risk on products and credits (pollution, degradation, spoilage)

• Physical controls
• Insurance for product damage by warehouse managers

Environmental risks
Pollution and accident risks
Risk of environmental liability

• Control facilities
• Active contractual management
• Insurance policy to cover environmental risks

Terrorist and other risks
Risk of attack against the facility infrastructures

• Full-blanket coverage insurance policy