Description
AUI4862 Assignment 3 2024 | Due 8 August 2024. All questions answered.
QUESTION 1 32 marks
Sappi’s tale commenced when South African Pulp and Paper Industries Limited was established on 17 December 1936. The name was soon abbreviated to SA Pulp which later became known as Sappi. Today Sappi is a global diversified woodfibre company that sells commodity paper products, pulp dissolving and forest and timber products for Southern Africa and export markets.
From the 2023 Sappi Annual Integrated Report you are required to:
1.1 List the top 10 risks identified in the 2023 Sappi Integrated Report.
1.2 Match the first five (5) risks identified above with the relevant strategic objectives of Sappi.
1.3 Discuss and indicate the risk maturity level and the internal audit approach to risk management based on the information available in the 2023 Integrated Report.
1.4 For each of the mitigating actions identified by management for each of the first three (3) risks, indicate whether that risk response is either avoid, reduce, share or accepting of the risk.
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