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Five Mistakes that Could Derail Your ESG Compliance Program – The Association of Governance, Risk and Compliance (AGRC)
ESG (Environmental, Social and Governance) has certainly taken on an increasingly important role in organisations in recent times, with almost every company now expected to meet the increasing reporting and auditing requirements of investors, boards of directors and governments. Oversight of ESG requires considerable expertise in the management of third-party risk and compliance with relevant and applicable regulations. The complexity of many modern-day supply chains, the need for interactions with more than one national government and the necessity to comply with increasingly significant legislation at a multinational level means that maintaining ESG compliance is complex management process fraught with many pitfalls.