Description

                            Managing ESG Risk - Where to begin and how to best build your strategy

Environmental, social, and governance (ESG) risk is the consideration of nonfinancial risks arising from the environment and sustainability, reputation or brand, legal, technological, product or service quality, labor, ethical conduct, compliance, and strategic considerations. (Springer[LB1] )[MC2]

US stakeholders are recognizing the growing significance of ESG risk.  Those who are not informed in all areas of ESG and are unable to articulate and quantify their ESG rating, will be at a significant competitive disadvantage on multiple business fronts moving forward.

While Government regulators are just now beginning to focus on these risks, business leaders - capital providers (including insurance), regulators, investors, customers, employees, and partners/suppliers, are increasingly weighing ESG Risks in their decision-making process. ESG performance enables these stakeholders to know the position of the business and their ability to survive in the long run.

Given the importance and growing significance of understanding and articulating your current ESG status it is vital for organizations to identify their ESG risks, focus on efficiently reducing ESG risk as much as possible and integrate ESG management into their risk management framework.

This session will cover: 

1. What is environmental, social, and governance (ESG)?

2. What does the journey look like…

3. Understanding your current position.

4. Building ESG into governance and risk management: strategy through an enterprise risk management lens.

5. A case study.

6. What’s next and Q&A.

Who should attend:

All key decision makers in an organization - including CEO's, CFO's COO's General Counsel, and Board Members.