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New COSO Guidance Promotes Resilience Amid Environmental, Social and Governance Risks

October 25, 2018

Organizations that are confronting environmental, social, and governance-related risks can find new direction from guidance issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development (WBCSD). The guidance aims to help organizations strengthen their resilience as they are faced with frequent and severe ESG-related risks ranging from extreme weather to product safety recalls. The text aligns with COSO’s Enterprise Risk Management — Integrating With Strategy and Performance document, which organizations use to improve their risk management approaches. Click here for more information.