A major opportunity to elevate the strategic focus of the risk management function from “avoid trouble” (defensive posture) to “increase corporate value” (opportunity posture).
Defensive Posture to Opportunity Posture
Ensure
Enterprise-wide assessment, mapping, monitoring, reporting, and quantification of the organization’s environmental, social, and governance programs
Resident
Uncertainties of the future with cutting across Social, Economic and Political aspects
Tools for you
To Build and Improve Business Resiliency:
Did you know?
88% of companies with robust ESG practices achieved better operational performance. In addition, the same study revealed that 80% of companies with prudent sustainability practices positively influenced their stock price.
-Oxford University
Features packed
Map your ESG data against industry standards, including SASB, GRI, and corporate frameworks.
Automate ESG & business objectives mapping with automated risk analysis.
Create, track, and execute project plans to hit targets and milestones.
Enable real-time alerts that monitor third-party risk, so you can address any issues before they become a problem.
Incorporate 3rd party and supply chain impacts to corporate ESG strategy.
Concepts of ESG
Determine what matters most, gather data to measure progress towards goals and prioritize potential risks and exposures through evaluation and quantification. Enabling 3 fundamental concepts of ESG
Enabling 3 fundamental concepts of ESG
Materiality mapping
Tracking and tracing
Reporting and automation
Materiality mapping
The Materiality Mapping exercise is the enterprise-wide assessment that lays the foundation for the organization’s ESG programs.
This helps business leaders with a complete & aggregated view of the organization’s value chain’s ability, including its supply chain, to meet its environmental, social and governance responsibilities.
Tracking and tracing
Enable Graphical and real-time METRICS reporting and dashboards to view and evaluate compliance, environmental impact, and supply chain risk with quantifiable data and metrics.
This helps inform better decision-making and achievement of corporate goals while mitigating risk.
Reporting and automation
Manual processes, which may meet tactical needs, will simply not be able to keep up – especially with the flux expected as ESG requirements evolve.
Contact our ESG 'xperts to understand how we can help on Building your ESG Strategy and stay compliant and Automate using Archer IRM