Managing and disclosing ESG (Environmental Social and Governance) risks is a compliance mandate in every significant jurisdiction. Identifying, navigating and being transparent about key ESG risks is critical for any company’s survival and long term sustainability. Businesses across all Industry Verticals need to understand potential ESG risks and use informed decision-making to respond to them
Disruptive risks are defined as those risks that have a significant, severe, and often sudden effect on a company’s revenue, profitability, competitive position, and/or reputation. Globally, Directors and the Companies that they oversee are facing disruptions caused by factors like geopolitical volatility, economic slowdown, emerging technologies, cyber-security threats, and climate change, among other forces. Whether
Risks and Opportunities create pressure points which trigger Board-level engagement with Business Strategy, Enterprise Risk and Compliance Management. Across all industry verticals, Board Directors are grappling with the need to define a robust strategy and implement a plan that can address questions related to Risks and Opportunities in a dynamic and volatile environment. The terminology
Confident Governance introduces world class features in it’s Cyber Governance Product Suite with the latest Spring’19 release Reston, VA, USA — April 23, 2019 — Confident Governance ®, a global leader in Cyber Governance, today announced their latest Spring’19 release, redefining the collaboration, customization, ease of use, security and Reporting functionalities. With these world-class upgradations
With automation, technological advancements in Internal Audit (IA) are happening at a rapid pace, rendering time efficiency and cost-effectiveness to this vital Business process. Internal Audit groups, whether large or small, have already begun the journey into the world of automation by migrating from conventional methodologies to emerging technologies like Artificial Intelligence driven Analytics, robotics
In the wake of the two airline crashes, Ethiopian Airlines jet and a Lion Air flight last year, a major aviation Company’s planes got grounded globally and lost its share value as well as consumer confidence. The crashes killed all 346 people on the two flights. While the officials of the aerospace company are
Automating Risk Management process has become extremely important for Organizations who want to manage their internal and external Risks related to Data Privacy, Information Security, Infrastructure, Compliance, Project Management, and Business Continuity processes. A structured GRC program based on Industry frameworks cannot achieve high maturity scores without process automation for Risk and Compliance management as
Regulatory Compliance is a process that is at the threshold of industrialisation and automation. The Regulatory volume and burden is only going to increase in near future. The tedious nature of the conventional approach to Compliance is creating Risks, and to manage these processes sustainably requires tremendous skill set. Morevoer, everyone in the firm are
Crisis Management is one of today’s most urgent Governance matters, taking into consideration the continuously expanding Risk Universe attributed to dynamically changing Business Landscape, unpredictable geopolitical situations, increasing number of Cyber threats and increase in usage of advanced technologies like Automation, Artificial Intelligence, and Robotics. The most important theme to discuss at this time
An evolved approach towards ESG Risk and Value Environment Social and Governance (ESG) has now become an important factor for Organizational Sustainability. Formulating a comprehensive policy where the Business’ long term goals are very well integrated with ESG issues is now a part of every Company’s culture and environment, which is looking for long term