From the course: Introduction to Risk Management

Unlock this course with a free trial

Join today to access over 24,100 courses taught by industry experts.

ESG risk

ESG risk

From the course: Introduction to Risk Management

Start my 1-month free trial Buy for my team

ESG risk

“

- [Instructor] ESG is a management framework for addressing both the risks and opportunities associated with a changing environment, society, and economy. ESG risks are broad in nature and can influence companies differently based on the unique characteristics of their business, including their industry, what markets they operate in, and their expectations of their key stakeholders. ESG risks can include many of the previously mentioned risk categories, such as regulatory and compliance risks and operational risks. It can also impact financial risks such as credit and market risk, as well as reputational risk. For example, ESG disclosure regulations are going into effect in major markets around the world, making both regulatory and compliance risks top of mind for public companies such as banks and asset managers globally. Operationally, increasing climate impacts like storms, flooding and drought, labor and personnel shortages and natural resource scarcity are presenting a range of…

Contents