Market Insight: Digital Functionalities To Manage ESG Risks
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Executive Summary
With corporates facing additional scrutiny over climate-related disclosures, and increased investor pressure, it has never been more important for corporates to understand and effectively manage their ESG-related risks. Data collected through a recent Verdantix global corporate survey indicate that, at most organizations, chief risk officers have a limited role to play in developing an ESG and sustainability strategy, with this responsibility often falling on the chief sustainability officer. Given the increasing amount of data that firms need to collect to manage their ESG risks, we expect a growing number to look for digital solutions. This report will assist software vendors in better understanding the needs of chief sustainability officers when it comes to managing ESG risk.Pressure To Manage ESG Risks Is Growing
Management of ESG Risks Is A Shared Responsibility, Driven By The Chief Sustainability Officer
Sustainability Leaders Need Digital Solutions To Manage Ever-Increasing ESG Risks
Figure 2. Technology Approaches To Managing ESG and Sustainability Use Cases
About the Authors
Jessica Pransky
Principal Analyst
Jessica is a Principal Analyst at Verdantix, specializing in providing insights to sustainability leaders and analysing ESG and sustainability reporting software. She advises ...
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a...
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