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Embracing ESG risks as business hazards to drive enterprise value
Organisations should also integrate ESG risks across the oversight structure, covering the board and management, policies, processes, and incentives to achieve the set goals.
Adopting environmental, social, and governance (ESG) enables organisations to improve risk management and tap new opportunities.
Therefore, by integrating ESG standards across an organisation, it can competently assess its future viability and strengthen its competitive edge. Having ESG as an integral part of the organisation provides financial, operational, reputational, and conduct benefits.
