Risk Management
Companies that manage risks and mitigate their impact are more likely to remain profitable long into the future. By contrast, poor risk management can expose a business to numerous threats, from natural disasters to financial uncertainties and legal liabilities, which could significantly jeopardize an organization’s future viability. There are myriad risks that could be included in this governance section. However, the four main risks to the long-term sustainability of a company: the lack of ESG disclosure, cybersecurity breaches, the lack of stakeholder engagement, and the lack of employee engagement.
