Environmental risks pose a significant threat to any organization’s financial performance and reputation. Consensus is growing that current risk management approaches are incomplete and inconsistent. Capital market investors seek greater transparency from companies and want them to demonstrate action and response to a changing risk landscape.
Regulators and standard bodies place greater emphasis on environmental disclosures with recent examples that include the SEC’s proposed climate-related disclosure guidelines, the UK’s mandatory climate-related financial reporting requirement and the IFRS proposed climate-related disclosure standards. The result will see many organizations needing to amend current business models, experience cost increases related to regulatory measures and require better systems to manage and disclose environmental risks.
Join the next Expert Connect session, featuring Ian van der Vlugt – Vice President of Product & Research, Datamaran and Mary Foley – Expert Services Strategy Director, Enhesa to learn:
- How climate risk affects businesses and their strategy
- Recent regulatory changes
- The impact for companies in terms of operationalizing their ESG strategy and how they should prepare
- The role of technology in effectively managing climate reporting