Global Corporate Survey 2024: Risk Management Budgets, Priorities And Tech Preferences

Increasingly complex and interconnected challenges – such as geopolitical instability, economic uncertainty, technological disruption, and climate and ESG-related threats – shaped the risk landscape in 2024. Organizations faced challenges in balancing innovation and resilience as they navigated these risks. At the end of 2024, Verdantix surveyed 300 risk executives across 16 different industries and six regions to understand the impact of these risks on their organizations, as well as their risk strategies, for the years ahead. Of these respondents, 71% represent firms with revenues of $1 billion or greater. Respondent data reveal significant pressures from ESG reporting obligations and the growing need for digital strategy to manage today’s evolving risks. Risk executives can use this report to benchmark their firm’s investment priorities, risk digital transformation and budgets relative to their peer group. Risk management software and service providers can use this report to align product strategy with evolving buyer demands.