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COSO and WBCSD issue guidance on enterprise risk management

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Oct 26, 2018

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development have released “Enterprise Risk Management — Applying Enterprise Risk Management to Environmental, Social and Governance [ESG]-Related Risks.”

The guidance “is intended to bring ESG risks and opportunities into a clearer focus for mainstream business and other organizations around the world [and] is designed to enhance organizations’ resiliency as they confront the increasing prevalence and severity of ESG-related risks, ranging from extreme weather events to product safety recalls.”

For more information, see the press release and guidance on COSO’s Web site.

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