THE RISKS
SOCIAL SUSTAINABILITY KNOWLEDGE AND CAPABILITY
Denition:
Percentage who gave a rating of 6 or 7 on a scale of 1 to 7
Increasingly, there is a recognition that organizations have significantinfluenceonidividualswhoteyempl,oy who work in their value chain, who consume their products and services, and who live in their communities. This risk examines the ability of organizations to understand and manage the direct and indirect impacts their actions have on individuals and communities.
Analysis: Among the key risk management players, there is very strong alignment on the risk relevance and perception of organizational capability for this fast-emerging risk thattouchesallindustries.However,theCEgroup significantlyagsbehinditsstakeholdergroupselr ated to personal knowledge of this risk.
RISK STAGE
Quote: “Sustainability is going to be an absolute imperative in order to preserve, maintain, and grow wealth. This is like any other investment in business. These investments need to be made in order to protect and sustain the value that’s being created.” –Board, Finance
Develop–NewtoOnRisk
RISK RELEVANCE Percentage who gave a rating of 6 or 7 on a scale of 1 to 7 – Social Sustainability
60% 63% C-suite
CAE
Board
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