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Navigating risks
Guiding your path to resilience
Climate and sustainability
Due to disruptive changes across sectors, the need to promote sustainability across industries is critical. The relevance of environmental, social, and governance (ESG) factors has grown amongst all stakeholders. In addition, business responses are driven by shifting expectations amongst customers, investors, corporate boards, employees, regulators, and governments.
Global Future of Cyber Survey
Looking ahead to 2023 and beyond, Cyber is evolving into a distinct functional area of the business, transcending its traditional IT roots and becoming an essential part of the framework for delivering business outcomes. For many organisations, cyber now weaves more tightly into business operations, outcomes, and opportunities. Despite cyber’s potential as a business enabler, the ability to leverage it effectively can be inconsistent across organisations.
ESG and Credit Risk
With the increasing consensus in expanding the conversation around targeted outcomes of running businesses, there has been a growing need to consider the impact a business makes to all stakeholders, the community at large, and the environment. This change in thinking has been triggered by accelerating climate change over the last several years, with the global financial services community coming together to acknowledge how lending institutions can play a key role in not only mitigating adverse fallout, but also facilitate positive change.
Impact of climate-related risks on financial services
Increasingly, integrating ESG activities into business-as-usual operations is not simply seen as the 'right thing to do', but also as a key factor in an organisation's sustainability, and ultimately, its success.
Cyber considerations for C-suite while addressing the board
72% of survey respondents indicated their organisations experienced between one and 10 cyber incidents and breaches in the last year alone, according to our 2021 Future of Cyber Survey. The 2021 Gartner Board of Directors Survey echoes the same thoughts as directors across the board rated cybersecurity as the second highest source of risk, after regulatory compliance.
The changing role of the board on cybersecurity
The role of the Board continues to evolve day-by-day, considering the ever changing business and risk scenarios, and as we have seen, their responsibilities include providing oversight, insight and foresight, which gets in built in the governance role that the Board plays for an enterprise. However, at the end of the day, it is the Board’s responsibility to create a ‘culture of cybersecurity’ across the organisation ‘now’, to hinder the progress of its adversaries and ensure accelerated growth of the business in their ‘next’.
