Strategic Focus: Transforming GRC By Leveraging ESG Data For Risk Management

Published 20 August 2024 by Renee Murphy & Katelyn Johnson &
ESG Risk Risk Management Strategic Focus

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Executive Summary

GRC (governance, risk and compliance) platforms have expanded their capabilities to incorporate ESG (environmental, social and governance) data, primarily through carbon accounting tools. These platforms, traditionally used for operational, IT and financial risk management, now collect carbon data to support compliance and regulatory reporting. The integration of carbon accounting as the foundation for ESG risk management is crucial, enabling the accurate monitoring of reputational, financial and production-related risks.

Table of contents

GRC platforms adopt the ESG use case – in part
GRC vendors must fully invest in ESG to win over ESG professionals

About the authors

Renee Murphy

Principal Analyst
Renee Murphy is a Principal Analyst in the Risk Management practice at Verdantix. Her current research targets GRC, with a particular focus on the integration of ESG into GRC. Prior to joining Verdantix, Renee was Chief Evangelist at Diligent Software; she also worked at Forrester for a decade, where she was Principal Analyst, covering risk management, audit and sustainability management.

Katelyn Johnson

Senior Manager, Risk Management
Katelyn is the Senior Manager in the Verdantix Risk Management practice. Her current research agenda focuses on climate risk and its integration into risk management frameworks. Prior to joining Verdantix, Katelyn was a climate scientist at GNS Science in New Zealand. She has previously held roles in the energy industry, where she helped projects manage risk due to weather and ocean phenomena. Katelyn holds a PhD in Geology from Victoria University of Wellington and an MS in Earth Sciences from Ohio State University – both focusing on climate science – as well as a BS in Meteorology from Texas A&M University.

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