Understanding the current Public Sector landscape from an risk management point of view Applying the ethical responsibility to the Triple Bottom-line: People, Planet and Profit

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Benefits of ERM and sustainability framework Alignment of sustainability risk appetite to the organization’s corporate strategy and the new world view of company value. Expanded visibility and insights relative to the complexity of today’s business environment Stronger linkage of company values and non- financial impacts to the organization’s risk management program. Better ability to manage strategic and operational performance. Improved deployment of capital

7 tips to raise sustainability awareness Get leadership involved Engage stakeholders Integrate sustainability reporting into corporate strategy from the start Identify and assess materiality of risks Look for quick wins Be open and transparent Choose the right measurement tools

It is not only about policies and procedures Tone at the top Culture of sustainability Sustainability practices embedded in strategic planning and business objective setting process

Value preservation vs value creation

Strategic risks

Operational risks

Compliance risks

Reporting risks

Internal environment – risk appetite

Objective setting

Event identification

Risk assessment Materiality Root cause analysis

Avoid Risk response Accept Mitigate Transfer

Control activities

Information and communication

Monitoring