How do you manage stakeholder expectations regarding the impact of ESG factors on risk outcomes?
In today's business landscape, Environmental, Social, and Governance (ESG) factors have become crucial in shaping risk outcomes. As a risk manager, it's your job to not only assess and mitigate risks associated with ESG factors but also to manage stakeholder expectations around them. Stakeholders, including investors, employees, and customers, are increasingly aware of the importance of ESG issues and expect companies to address them responsibly. Balancing these expectations with practical risk management can be a complex task, but with the right approach, you can navigate this terrain effectively.