Greater Alignment of Corporate Sustainability, Compliance, and Risk to A Better Growing ESG Issues Management

Greater Alignment of Corporate Sustainability, Compliance, and Risk to A Better Growing ESG Issues Management Corporate sustainability, risk management, and compliance have typically been considered three separate disciplines. However, there is growing concern about the issues surrounding environmental, social, and governance (ESG), which can be addressed by a closer alignment.

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Aligning ESG Risks with Enterprise Risk Management

Aligning ESG Risks with Enterprise Risk Management ESG risks are now playing a much larger role in contributing to the overall risk exposure of organizations. For instance, some jurisdictions have developed corporate regulations targeting climate sustainability, while some financial regulators have adopted specific requirements regarding ESG disclosure rules. Consumers are also making buying decisions based on a company’s ESG standings.

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Where are we heading with ESG?

Where are we heading with ESG? We should all be aware of the impact of humankind on our planet: Climate change is here, its effects are exponential, and it is causing—and will continue to cause—an existential human crisis. The evidence is plain. We cannot deny the situation exists.

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Improving ESG Risk Mitigation Practices May Benefit Business and Shareholders

Improving ESG Risk Mitigation Practices May Benefit Business and Shareholders The Environmental, Social, and Governance (ESG) aspects of companies have been widely considered by investors and other market participants, consumers, and stakeholders. In two research studies released by Moody’s Analytics recently, it is revealed that companies that cultivate a more responsible ESG method and strive to mitigate ESG risks experience fewer ESG-related controversies and achieve better shareholder returns. More precisely, the ESG risk management policies and actions along with the ESG scores that measure them contain financially relevant information for shareholders.

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4 Types of Beneficial Risk Management Technology

4 Types of Beneficial Risk Management Technology Advancements in technology enable risk management projects to be more manageable. The assistance from risk management technology provides swift insights that can lead to wise decisions. Risk management technology can be used as a separate tool to achieve efficiency and effectiveness in projects that ultimately provides your organization with great profitability and sustainability in the market.

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Different Information Technology That Has Impacted Risk Management

Different Information Technology That Has Impacted Risk Management How Does Information Technology Influence Risk Management? Due to massive advancements in information technology, it has impacted various life domains like marketing, entertainment, learning, politics, and business. One of those domains happens to be risk management, which was greatly impacted by this advancement mainly because it’s based on data. Information technology has made it easier to automate all of the processes whether it is risk identification, monitoring, and so on. Certain new technology is highly important when it comes to risk management such as enterprise resource planning (ERP), analytics, cloud computing, Big Data, mobile applications, and GRC (governance, risk, and compliance) systems. Because of advancements in technology, people in management, people outside organizations, and risk managers can also improve.

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Battling Cybersecurity Risk: How to Start Somewhere, Right Now

Battling Cybersecurity Risk: How to Start Somewhere, Right Now Between a series of recent high-profile cybersecurity incidents and the heightened geopolitical tensions, there’s rarely been a more dangerous cybersecurity environment. It’s a danger that affects every organization – automated attack campaigns don’t discriminate between targets. The situation is driven in large part due to a relentless rise in vulnerabilities, with tens of thousands of brand-new vulnerabilities discovered every year. For tech teams that are probably already under-resourced, guarding against this rising tide of threats is an impossible task.

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The Myths of Ransomware Attacks and How To Mitigate Risk

The Myths of Ransomware Attacks and How To Mitigate Risk Today’s modern companies are built on data, which now resides across countless cloud apps. Therefore preventing data loss is essential to your success. This is especially critical for mitigating against rising ransomware attacks — a threat that 57% of security leaders expect to be compromised by within the next year.

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A New Emerging Risk: ESG Risk and How to Manage It

A New Emerging Risk: ESG Risk and How to Manage It In this new era, managers and stakeholders are more concerned about the eligibility of the companies and their capabilities to survive in the long run by maintaining the business’s environmental, social, and governance aspects.

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Growth in End-user Security and Risk Management in MENA Reaches 11.2% in 2022

Growth in End-user Security and Risk Management in MENA Reaches 11.2% in 2022 The growing cyber risk and security threats have persuaded end-user security and risk management to grow and develop strategies to cope with the risks. The spending in this sector is increasing.

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