RISK MANAGEMENT & SUSTAINABILITY
What Are the Fundamental Sustainability Concepts in Risk Management?
Real Estate
As we have seen, real estate plays a major role in how humans impact the planet, provide shelter for one another, and create safe, enjoyable and prosperous communities. Increasingly, commercial real estate owners and occupiers are creating a new kind of real estate powered by clean energy, zero waste and profitable for investors.
Below are the key sustainability concepts real estate students and professionals need to know and resources for diving deeper.
Enterprise Risk Management
Enterprise risk management can play a critical role in identifying and quantifying the social and environmental strategic and operational risks of the enterprise. Such analysis improves the accuracy of statistical risk analysis models and also equips the business to take advantage of emerging opportunities to address climate change and inequality while providing returns to the business and investors.
Below are the key sustainability concepts ERM students and professionals need to know and resources for diving deeper.
An introduction to the basic principles of sustainable real estate and the most popular certification and rating systems real estate professionals should be familiar with to understand how social and environmental issues affect valuations and appraisals.
According to the World Economic Forum, over half the world’s economic output—US$ 44tn of economic value generation—is moderately or highly dependent on nature. How does a company include the climate and nature in its risk management process?
A key function of real estate is to provide safe, reliable and affordable housing. It turns out that meeting this basic need for shelter for all people is a challenge. Knowing the risks and opportunities and creative solutions can empower real estate students and professionals to be a part of the solution.
Deloitte’s Global Human Capital Trends survey has shown CEOs name social impact as “the top success factor for annual performance.” Enterprise risk managers are uniquely capable of helping to identify, evaluate and mitigate these types of social risks.
Due to the large impact real estate has on the climate and on communities, and its long-term nature as an asset class, environmental, social and governance (ESG) factors are increasingly important–for the world and for investors, owners, and occupiers.
KPMG research on sustainability reporting shows that 80% of companies around the world track social and environmental risks and disclose how they are addressing them. ERM professionals can bring the powerful tools of risk management–like game theory–to help with these complex issues.
ADVANCE YOUR KNOWLEDGE OF RISK MANAGEMENT AND SUSTAINABILITY
Learn what sustainability risk management is all about and its importance
Learn the important things to know in this field
Learn how sustainability fits into your courses
Learn how sustainability relates to your career