By Adam Turteltaub. How should we approach ESG? Is it a part of compliance risk management or something distinct? How do we manage it?
In this podcast, Renee Murphy, Distinguished Evangelist at Diligent, suggests that while ESG has compliance aspects, it should be integrated quickly into operations and placed under the general risk management framework.
Murphy believes that among the three ESG elements, environmental sustainability will pose the greatest challenge. With new requirements for organizations to report their fossil fuel footprint, companies are venturing into unfamiliar territory. Consequently, they will need to adapt their processes, which will become easier as management understands the impact on the balance sheet.
Tune in to learn more.
Original source: https://www.complianceandethics.org/renee-murphy-on-esg-and-compliance-podcast/
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