Environmental, social and governance practices are under increasing regulatory scrutiny. How well is your third-party risk management program structured to assess these risks?
Today, organizations are increasingly challenged to address environmental, social and governance (ESG) practices and reporting. Stakeholders, customers and regulators want to ensure that the companies they interact with and invest in share the same values and commitments that they do. The heart of ESG is about the integrity of the organization. What the organization commits to – the organization’s obligations whether voluntary, regulatory or contractual – is a reality throughout the organization.
What is ESG?
ESG covers a wide spectrum of a company’s conduct:
- E = Environmental: Measures . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE PREVALENT BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]