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Published byConrad Wade Modified over 6 years ago
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Understanding the current Public Sector landscape from an risk management point of view
Applying the ethical responsibility to the Triple Bottom-line: People, Planet and Profit
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Benefits of ERM and sustainability framework
Alignment of sustainability risk appetite to the organization’s corporate strategy and the new world view of company value. Expanded visibility and insights relative to the complexity of today’s business environment Stronger linkage of company values and non- financial impacts to the organization’s risk management program. Better ability to manage strategic and operational performance. Improved deployment of capital
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7 tips to raise sustainability awareness
Get leadership involved Engage stakeholders Integrate sustainability reporting into corporate strategy from the start Identify and assess materiality of risks Look for quick wins Be open and transparent Choose the right measurement tools
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It is not only about policies and procedures
Tone at the top Culture of sustainability Sustainability practices embedded in strategic planning and business objective setting process
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Value preservation vs value creation
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Strategic risks
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Operational risks
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Compliance risks
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Reporting risks
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Internal environment – risk appetite
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Objective setting
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Event identification
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Risk assessment Materiality Root cause analysis
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Avoid Risk response Accept Mitigate Transfer
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Control activities
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Information and communication
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Monitoring
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