Enhancing risk assessment

Board and committee effectiveness, Boards and General Management, Board risk oversight

Ethics, Culture, and Compliance Network, November 2023

An array of nonfinancial risks, including technology, geopolitical, climate, and culture risk, are interacting in complex ways that challenge organizations’ risk management frameworks and demand new approaches to risk assessment.

On October 10, 2023, the Ethics, Culture, and Compliance Network (ECCN) gathered virtually for a discussion on enhancing risk management oversight—identifying pressing risks that have emerged at the top of board agendas, mechanisms for assessing culture risk, and tools and processes for anticipating new risks.