Institute of Risk Management Risk Predictions 2021

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2. How will local and national government policies, and intergovernmental agreements, help to foster new innovation and better ways of working, including encouraging businesses to tackle climate change and to have closer linkages to society? Covid-19 has spurred action by governments and supranational organisations across the world. 3. How can the private sector be purposeful for society and the environment in which they operate? Many businesses have been tested like never before in 2020. Can we all help to make a difference through taking part in efforts such as the Sustainable Markets Initiative? Risk professionals in the APAC region (and indeed all other regions) can, I hope, play a valuable role in helping people in their organisations to navigate choppy and highly uncertain waters in 2021. We have an opportunity to assist with important decisions relating to sustainability. Rather than roll the dice and hope for a good outcome, we should help the people we work with to think through the right sustainability outcomes, using risk management and resilience practices to make good decisions that are in line with our risk appetite to achieve objectives. Let’s hope we can all build forwards better in 2021.

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