AI Adoption in Supplier Risk and Sustainability Reaches 37%, but Integration Challenges Remain

Artificial intelligence (AI) adoption in supplier risk management and sustainability functions is increasing, but widespread integration across organisations remains limited, according to industry findings from an Achilles survey. The survey highlights that while businesses are recognising the potential of AI Read More …

The changing hue of Climate Risk – The Need for a Holistic Risk Literacy Framework

South Asia continues to grapple with the growing vagaries of extreme climate risks, leaving millions increasingly exposed to recurrent, devastating disasters. Communities across the region continue to confront these uncertainties, often with limited capacity and resources for recovery. The recent Read More …

UNEP FI Develops Sustainability Risk Framework for Banks

The United Nations Environment Programme Finance Initiative (UNEP FI) has developed a new framework to help banks integrate sustainability-related risks into their core risk management systems. The framework is designed to support financial institutions in identifying, assessing and managing environmental, Read More …

BaFin identifies gaps in banks’ sustainability risk management

Federal Financial Supervisory Authority (BaFin) has identified widespread deficiencies in sustainability risk management practices across banks, highlighting growing regulatory concern regarding how financial institutions address environmental, social, and governance (ESG) risks within their operations and strategic planning. The findings suggest Read More …