Governance, Risk, and Compliance

Importance

Governance, Risk Management and Compliance (GRC) is an important tool to drive the business while strengthening the foundation for the business to operate steadily and sustainably. OR recognizes that good governance and systematic supervision are essential to mitigate financial and reputational negative impacts to the business. Therefore, OR places great emphasis on an effective GRC management structure. OR’s business operations consist of various units including Mobility, Lifestyle, Global, and Innovation businesses. As a result, OR has established a management structures covering all 3 issues (GRC issues). This is to prepare for changes that may occur in the future, and to supervise operations in accordance with the law and build confidence in business operations for all groups of stakeholders.

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