114 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT RISK AND CRISIS MANAGEMENT (GRI 2-9, 2-11, 2-12, 2-13, 3-3) Thai AirAsia acknowledges the importance of identifying, evaluating, analysing, monitoring and managing risks to its business and investments in the interest of the Company’s commencement in accordance with its strategies. In light of this, the Company developed an organisation-wide risk management approach in accordance with the ISO 31000 Risk management standard and its risk management policy. The process involves Risk Identification, Risk Analysis and Risk Evaluation of both internal and external factors with the goal of managing risks within acceptable parameters. Risk and Crisis Management Structure Risk management is part of good governance and is fundamental to the Company’s achievement of its sustainability objectives while also benefiting stakeholder confidence. The Company’s risk and crisis management structure is as follows: Capital A Board Of Director Capital A Group Risk Management TAA Board Of Director TAA Risk Management Committee TAA Chief Executive Officer TAA Audit Committee TAA Internal Audit Department TAA Risk Officers TAA Head Of Departments TAA Risk Management Department
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