Capital Group is dedicated to maintaining an effective business continuity program. It has established certain policies to ensure the ability to continue global operations with minimal impact in the event of disruption to regular work activities.
Designated business units will:
- Create and maintain a business continuity plan for their business functions.
- Create and maintain a disaster recovery plan that considers and incorporates critical infrastructures, critical applications and associated data.
- Review business continuity and disaster recovery plans for core business functions annually and update such plans as appropriate.
- Review business continuity and disaster recovery plans for other critical business functions biennially and update such plans as appropriate.
- Exercise business continuity and disaster recovery plans for core business functions annually at a minimum.
- Exercise business continuity and disaster recovery plans for other critical business functions biennially.
- Identify critical vendors and take steps to validate the vendors’ business continuity processes.
Core business functions identified by the business units will be reviewed by the Global Business Continuity Steering Committee. The Crisis Management Business Continuity Team will bring policy exceptions to the Global Business Continuity Steering Committee for review.