Managing environment social and governance (ESG) risk compliance risk and non-financial risk
(NFR) has become increasingly critical for businesses in the financial services industry.
Furthermore expectations by regulators are ever more demanding while monetary sanctions are
being scaled up. Accordingly ESG Compliance and NFR risk management requires sophistication
in various aspects of a risk management system. This handbook analyses a major success factor
necessary for meeting the requirements of modern risk management: an institution-specific
target operating model (TOM) - integrating strategy governance & organisation risk management
data architecture and cultural elements to ensure maximum effectiveness. Also institutions
need to master the digital transformation for their business model to be sufficiently
sustainable for the years to come. This book will offer ways on how to achieve just that. The
book has been written by senior ESG Compliance and NFR experts from key markets in Europe the
U.S. and Asia. It gives practitioners the necessary guidance to master the challenges in
today's global risk environment. Each chapter covers key regulatory requirements major
implementation challenges as well as both practical solutions and examples.
