A business is always susceptible to risks from internal and external sources. To counter them, an enterprise risk management or ERM system was established. However, with the COVID-19 pandemic, rising customer consciousness, and stakeholder pressure – it was evident that risk management needed a paradigm shift.
This shift is ESG risk.
Since ESG (Environmental, Social, and Governance) risk is becoming a priority for businesses to achieve their triple bottom line, forward-looking companies are assimilating ESG risks into ERM. This helps enterprises gain a holistic view of ESG risks and deeper insight to mitigate them while scouting opportunities.
Read our eBook to derive more out of your existing ERM system with ESG by:
- Understanding ESG risk
- Knowing the consequences of a siloed approach
- Unifying enterprise risk with ESG risk
- Performing ESG risk analysis
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