The latest enterprise risk management news from around the world

Risk managers increasingly involved in corporate strategy

The Federation of European Risk Management Associations (FERMA) has now published the results of its 2022 European Risk Manager Survey, in cooperation with PwC France. The results confirm that we are in a period of transition in which risk managers are increasingly involved in corporate strategy.

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US organizations are struggling to keep up with changing risk landscape

A new report issued today by the American Institute of CPAs (AICPA) and North Carolina State University’s Enterprise Risk Management (ERM) Initiative states that 65 percent of senior finance leaders agree that the volume and complexity of corporate risks have changed ‘mostly’ or ‘extensively’ over the last five years.

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Risky business: managing the great energy transition

Future energy resources are one of many considerations on the agenda of enterprise risk managers as they seek to set and reach ESG goals. Sustainable energy will be key to this, but also comes with its own set of risks, as Dr. Lou Gritzo explains.

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Gartner survey reveals climate change risk assessment weaknesses

Only 27 percent of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks, according to a survey by Gartner, Inc. The survey among 320 supply chain leaders in December 2021 and January 2022 found that just 18 percent of respondents conduct both risk assessments and scenario planning.

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Managing compliance risks associated with SAP audits

SAP systems are widely used for enterprise resource planning and are subject to regular auditing as a result. Failing an audit can lead to system shutdowns, expensive remediation, and non-compliance with standards. Here, Tim Wallen explores how organizations can improve the SAP audit process and their compliance efforts.

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