Looking for a path to environmental, social and governance (ESG) insights in a forest of GRC data

The last few years have shined a light on GRC (governance, risk management, and compliance) processes and shifted many attitudes towards risk. Yet, many organizations are left with numerous questions: What are the best practices to identify, analyze, monitor, and manage risks specific to your organization? Do these risk activities support future business growth, and should you implement ESG controls or reporting?

2021 was a year of resiliency as we rode the waves of the pandemic while facing surmounting pressures to address ESG (environmental, social, governance) within organizations. 2022 continued these themes of resiliency and integrity as the escalation of military conflict between Russia and the Ukraine ushered in further uncertainty to the global landscape but brought in agility. Last year saw the emergence of genAI and brought the already present threat of cybercrime and the need for improved cybersecurity to the forefront of concerns for organizations. The end of 2023 saw conflict arise in Gaza which has carried over into this year bringing more uncertainty to the region and to the world. And over the course of these last few years, ESG regulations continue to be proposed and put into action across the globe.

Firms globally and across industries are focusing on . . .

[The rest of this article can be read on the GRC Report, where GRC 20/20’s Michael Rasmussen is the CEO]

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