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Blue Star wins ‘Golden Peacock Award for Risk Management’ for year 2020

18 Aug 2021 Evaluate

Blue Star has been declared winner of the coveted ‘Golden Peacock Award for Risk Management’ for the year 2020. The company, with a rich pedigree of 77 years, lays great emphasis on Enterprise Level Risk Management and has put in place a robust framework for risk identification, evaluation, and mitigation in line with the COSO 2017 Enterprise Risk Management framework.

The company’s Risk Management governance integrated with its strategy, helps the company in its pursuit of achieving strategic business objectives and desired performance. A strong governance structure at Blue Star sets the tone at the top to reinforce the importance of a robust risk management framework and a pervasive risk culture across the organisation. The risk governance structure also enables the demonstration of commitment to the company’s core values.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.

Peers
Company Name CMP
Voltas 1144.30
Blue Star 1486.80
Amber Enterprises 6988.55
EPACK Durable 177.85
Bosch Home Comfort 1669.60
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