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

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Presentation on theme: "Understanding the current Public Sector landscape from an risk management point of view Applying the ethical responsibility to the Triple Bottom-line:"— Presentation transcript:

1 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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4 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

5 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

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10 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

11 Value preservation vs value creation

12 Strategic risks

13 Operational risks

14 Compliance risks

15 Reporting risks

16 Internal environment – risk appetite

17 Objective setting

18 Event identification

19 Risk assessment Materiality Root cause analysis

20 Avoid Risk response Accept Mitigate Transfer

21 Control activities

22 Information and communication

23 Monitoring


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