What Industry is Saying

Aon Global, in their 2020 Global Risk Survey, notes that policy changes, geopolitical conflicts, volatile financial markets, and industry disruption create unprecedented levels of change that have driven risk readiness to its lowest point in more than a decade.

Ernst & Young 2020 Global Risk Survey concludes, “The world of governance and risk management will continue to transform. There’s no off-the-shelf playbook to manage many of the complex and major risks identified in this report. For boards, their work should be to remain vigilant, increase their fluency around emerging risks and external trends, and continually challenge and strengthen their oversight practices to enhance the organization’s agility and ability to survive and thrive.”

According to Fitch Investor Services, governance will be the most relevant factor in determining strong ESG scores and, ultimately, long-term value.