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Click here to access subscription content at The RTJ Bridge - The Premium Version of The RiskTech Journal 〰️
The RiskTech Journal
The RiskTech Journal is your premier source for insights on cutting-edge risk management technologies. We deliver expert analysis, industry trends, and practical solutions to help professionals stay ahead in an ever-changing risk landscape. Join us to explore the innovations shaping the future of risk management.
Europe’s Regulatory Rollercoaster: Echoes of Sarbanes-Oxley in the Green Deal Pivot
Europe's ambitious Green Deal, launched in 2019 as the centerpiece of the EU’s climate action, is now caught in the all-too-familiar pendulum swing of regulatory evolution. The European Commission, under mounting pressure from industries grappling with soaring energy prices and layers of complex regulation, has signaled a notable pivot. Yet, EU leaders maintain they are not abandoning their climate ambitions but rather seeking balance between sustainability and economic competitiveness.
The Over-Ambitious ESG Push: Why a Risk-Based Approach to Sustainability is Needed
Many companies now face backlash for juggling environmental, social, and governance goals as inseparable. While these are all important, they represent distinct areas that require tailored approaches. A more pragmatic solution is a risk-based approach to sustainability, where environmental objectives are integrated directly into a company's risk management framework.
IRM's Role in Effective IFRS Integrated Reporting
Organizations today must go beyond traditional financial reporting to provide a comprehensive view of their performance, strategy, and value-creation processes. Integrated Reporting (IR), guided by the IFRS Integrated Reporting Framework, combines financial and non-financial information, ensuring stakeholders understand how organizations create value over time. Integrated Risk Management (IRM) is crucial in achieving effective integrated reporting.
ISSB Standards: The New Language for Climate Risk Reporting and the Promise of IRM
As the ISSB standards begin to shape the corporate reporting landscape, companies must harness the power of Integrated Risk Management (IRM) to navigate this new terrain successfully. The introduction of the ISSB standards represents a significant leap forward in standardized, global sustainability disclosures. However, this new language also brings new challenges, making the role of an integrated risk management approach even more vital.