Organizations must remain adaptable in the face of evolving risk landscapes to properly assess and identify risks. This is especially important for building resilience and operating sustainably in the Environmental-Social-Governance domain. Effective risk management is crucial in uncertain contexts, helping to ensure sustainable business performance over time. A structured approach enables proactive efforts to protect key assets, rather than reactive ones.

Implementing a structured and robust risk management framework as part of your management system can benefit your organization in many ways. This includes an increased likelihood of achieving objectives, compliance with legal and regulatory requirements and international standards, improved controls and governance, identification of opportunities and threats, enhanced organizational resilience, operational efficiency, incident management and loss prevention, and increased stakeholder confidence and trust.