Delivering an Agile Approach to Managing ESG Across the Extended Enterprise
ESG – Environmental, Social, Governance – is a dominant focus in organizations right now getting board-level scrutiny and attention.
Organizations around the world and across industries are challenged to define, implement, and report on ESG. These pressures are coming from all directions: investors, customers, employees, regulators, and activists. The reality is that ESG has teeth, and organizations must do something about it.
One of the greatest ESG challenges in organizations is the extended enterprise. Third parties have become integral to the continued ability of an organization to fulfill its strategic objectives and meet the needs of its customers. Now, organizations are being challenged with understanding the ESG posture of their third parties – a challenge further compounded when these relationships nest themselves in subcontracting relationships and nested supply chains.
The complex web of third-party relationships that dominates many organizations makes it virtually impossible to manage ESG processes manually. Organizations struggle with delivering timely insight or complying with increased regulatory expectations if their process is centered on flat documents, spreadsheets, and emails.
The most successful organizations have developed robust information and technology architecture for third-party governance, risk management, and compliance and are able to deliver on ESG due diligence and reporting across the extended enterprise.
This webinar will detail ESG strategy and process in the extended enterprise, and the role of technology in moving this process from static to dynamic. Attendees will learn how to:
Scope ESG to their organization’s needs in the extended enterprise
Categorize third-party relationships by ESG risk
Deliver initial and ongoing due diligence and assessment
Provide effective and efficient ESG reporting in the context of the extended enterprise.
GRC 20/20 Speaker
GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 28+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.
Aravo delivers the market’s smartest third-party risk and resilience solutions, powered by intelligent automation.
For more than 20 years now, Aravo’s combination of award-winning technology and unrivaled domain expertise has helped the world’s most respected brands accelerate and optimize their third-party management programs, delivering better business outcomes faster and ensuring the agility to adapt as programs evolve.
With solutions built on technology designed for usability, agility, and scale, even the most complex organizations can keep pace with the high velocity of regulatory change. As a centralized system of record for all data related to third-party risk, Aravo helps organizations achieve a complete view of their third-party ecosystem throughout the lifecycle of the relationship, from intake through off-boarding and all stages in between and across all risk domains.
Aravo is trusted by the world’s leading brands, helping them manage their risk and improve the performance of more than 6 million third parties, suppliers, and vendors across the globe.