RISK MANAGEMENT & SUSTAINABILITY

What Are the Fundamental Sustainability Concepts in Risk Management?

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.

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?

image of pollution coming from a power plant

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.

team of people working together on a business strategy

Risk management helps companies identify and manage risks in order to optimize financial performance. Risk management professionals learn a number of techniques and methods in the field of decision theory and decision science that aid in risk assessment.

people playing chess

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