Risk management
Championing risk management through sustainability
The last two decades has shown that the globe is not static as major events such as the economic recession, the introduction of new technologies, terrorist attacks, environmental incidents, health emergencies and the introduction of new regulatory requirements occurred. These elements also impacted the corporate world and in fact, various studies found that 8 of the 10 most important business risks are directly related to environmental or social issues. For instance, risks in relation to reputation and brand, legislative change, the ability to attract top talent, and third-party liability are directly affected by sustainability issues.