Prevalent: Managing ESG Risks Across the Extended Enterprise

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Description

Description

Prevalent: Managing ESG Risks Across the Extended Enterprise

The reality is that the modern organization with its web of third-party relationships cannot realistically manage ESG processes and deliver timely insight with manual processes that manage this in documents, spreadsheets, and emails. Relying on manual processes will bog the organization down in inefficiency, lack of insight into risks, and things slipping through cracks and getting missed. Organizations need a robust information and technology architecture for third-party governance, risk management and compliance to deliver on ESG due diligence and reporting across the extended enterprise.

Prevalent is a third-party risk management solution that GRC 20/20 has researched, evaluated, and reviewed.  Organizations are using Prevalent in dynamic and distributed environments to manage the array of governance, risk management, and compliance challenges in the extended enterprise of third-party relationships.  Prevalent manages the entire lifecycle of risk in the extended enterprise from onboarding to ongoing monitoring, through to offboarding. The Prevalent solution is delivered through a cloud-based portal and facilitates third-party engagement, assessment, and monitoring of risks including ESG related risks. 

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Table of Contents

  • Addressing ESG Involves Third Party Relationships

    • What is ESG in Context of the Extended Enterprise?

    • Regulatory Oversight is Not New, but it’s Getting Broader

  • Prevalent

    • Managing ESG Risks Across the Extended Enterprise

    • What Prevalent Does

      • Foundational Capabilities in Prevalent

    • Benefits Organizations Can Expect with Prevalent

    • Considerations in Context of Prevalent

  • About GRC 20/20 Research, LLC

  • Research Methodology


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