Report

How to integrate ESG risks into business strategy

The need for environmental, social, and governance (ESG) initiatives has never been higher. Companies increasingly need to display their ESG plans or risk losing access to insurance or financing. They are also expected to help advance healthier and more equitable societies through inclusive employee benefits to attract a diverse workforce.

The need for environmental, social, and governance (ESG) initiatives has never been higher. With ESG-related risks (ESG risks) coming to the fore, companies increasingly need to display their ESG plans or risk losing access to insurance or financing. They are also expected to help advance healthier and more equitable societies through inclusive employee benefits to attract a diverse workforce.

Against this backdrop and focus on sustainability, businesses would be advised to adopt transparent and effective ESG initiatives or potentially lose out to competitors that prioritise ESG risks and have robust ESG reporting processes in place.

ESG risks: Key highlights of the report

The ‘How to Integrate ESG Risks into Business Strategy’ report by Marsh Asia offers ESG risk insights specific to the Asia region, including how to build resilience and capture competitive and capital advantages as companies embark on their low-carbon transition and integrate environmental, social, and governance considerations into their business strategies.

What’s in the report:

Latest statistics and data on companies in Asia and their ESG initiatives.
Steps to comply with Taskforce for Climate-related Financial Disclosures (TCFD).
How businesses stand to gain from addressing ‘people-related’ risks.
The key elements of business continuity planning (BCP) and technology risk management.
The key elements of ESG assessment and risk management.

These insights into ESG risks in Asia and the solutions available can empower organisations to chart a course of action with clear objectives: identifying and understanding the full spectrum of ESG risks, conducting financial impact assessments on ESG exposures and performance, integrating enterprise risk management frameworks with material ESG risks, and enabling the organisation to meet requirements for external reporting.

Boost your ESG risk resilience

To prepare your organisation for a resilient future, download the full Marsh Asia ‘How to Integrate ESG Risks into Business Strategy’ report.

Please contact us if you have a question, want to leave a comment, or would like further information.