Redefining Your Risk Framework: Is Your Company Prepared to Respond to New Forms of Risk?
Date: May 12th, 2016
Today, there are 20 times the amount of disclosure requirements on environmental, social and corporate governance (ESG) issues than just 5 years ago. Coupled with rising investor demands and public scrutiny, more compliance requirements are reshaping the role of corporate decision-makers who are now, more than ever, accountable for impacts across their value chain.
Companies need a reliable and systematic process in place to quickly understand which issues present a real risk. With so much information out there, it can be difficult to maintain a global view while responding appropriately to differing local regulatory requirements and stakeholder demands.
This webinar explores how corporate decision-makers can equip themselves with the tools necessary to understand and monitor potential risks across their value chain, and have the evidence needed to illustrate that this process under control.
- Steve Santini, former Managing Director of Global Information Security at Bank of America
- Paula Luff, former VP CSR at Hess Corporation
- Kevin Beauregard, former Managing Director at Bank of America
- Susanne Katus, VP Business Development, Datamaran
Want to unlock the seven secrets of a perfect materiality process?
Since 2013, there has been a 72 percent increase of the number of recorded regulations concerning non-financial issues. There are now more than 4,000 non-financial regulatory initiatives – current and draft – that need to be considered. And this trend looks set to continue.
According to the The World Economic Forum’s (WEF) Global Risks Report 2018 four of the top five risks are societal or environmental and include extreme weather events, water crises, natural disasters and failure of climate change mitigation and adaptation. Material issues have significant implications for a company’s risks and opportunities, making them critical elements for decision making and strategy setting.
Do you need to get a handle on the material issues in your business? Would you like a faster, cost-efficient and more objective way to monitor and assess material risks? Take a look at the seven tips to the perfect materiality analysis.