|
 |
News
Applying ERM to Environmental, Social and Governance-related Risks |
 |
19 February 2018 |
United States of America, North America |
 |
In a unique partnership, COSO and the World Business Council for Sustainable Development (WBCSD) have jointly developed draft guidance: Applying Enterprise Risk Management to Environmental, Social and Governance-related Risks to help organizations worldwide respond to the increasing prevalence and severity of ESG-related risks. |
 |
The preliminary draft of the guidance was released on February 7, 2018, at GreenBiz. It is available for viewing here (https://www.coso.org/Documents/COSO-WBCSD-Release-New-Draft-Guidance-Online-viewing.pdf). COSO and WBCSD are now seeking public comment on the preliminary draft. The guidance is intended to support organizations in accelerating integration of ESG-related risks and opportunities and help them gain a better understanding of their full risk profiles. It also highlights methods to overcome ESG-related risk challenges, including identifying and assessing the severity of such risks with uncertain financial consequences, and developing innovative responses for ESG-related risks and opportunities. COSO and WBCSD are inviting the public to review and provide comment on the draft guidance. The comment period closes on June 30, 2018. COSO and WBCSD would like to thank all individuals and organizations who participate and contribute to the consultation process. |
|
Contact Details: |
Name: |
Phone: |
Email: |
Website: https://www.coso.org/esg/Pages/default.aspx |
|
|
 |
 |
|
 |
Member Login |
 |
|
 |
SIA Practitioners |
 |
Dr Philippe Hanna
Royal HaskoningDHV
Europe |
|
|
 |
 |
 |
SIA Training |
 |
Land Acquisition, Resettlement, and Social Sustainability Winter School
Community Insights Group
Groningen, The Netherlands |
 |
 |
 |
|