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Webinar Replay: The Emerging ESG Regulatory Challenge for Third-Party Risk Management

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ESG Risk & Compliance – The Emerging Regulatory Challenge for TPRM

Organisations are seeing an ever-increasing risk and impact from localised events that are not only disrupting the resilience of their global supply chains but posing significant risk to the reputation of their businesses. Meanwhile governments and regulators are cranking up the heat with targets and regulations aimed at driving socially responsible and sustainable business practices.

For example, the UK has signed up for mandatory compliance of the FSB’s Task Force on Climate-Related Financial Disclosures (TCFD) with disclosure requirements for the majority of financial firms expected from 2022. In addition, the EU has ESG reporting requirements in the form of its Non-Financial Reporting Directive, Sustainable Finance Disclosures Regulation, and existing regulations around Modern Slavery, Conflict Minerals, etc.

With ESG factors, including those arising via the supply chain, able to have significant impact on brand and revenues and increasing regulatory pressure it is clearly time for risk and compliance leaders to incorporate ESG more prominently across their TPRM programs and supply chain management.

In our latest event we were joined by John Bree, CRO of Supply Wisdom to discuss:

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You’re Only As Strong As Your Weakest Link

There’s never been a more vital time to ensure the security of your organisation and the cyber supply chain you rely on. DVV Solutions are here to help with a range of managed services and solutions proven to improve your ability to assess, analyse and manage more third-party risk domains at scale.

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