Report

Creating and protecting value

Richard J. Anderson & Mark L. Frigo.  Understanding and implementing enterprise risk management.  Over the past few decades, enterprise risk management (“ERM”) has been receiving increased attention by boards and executives and has undergone a continuing evolution in its development and uses. Along the way, lessons have been learned and ERM has been better understood regarding its benefits, objectives, and role […]

Managing risk from the front line

PriceWaterhouseCoopers | Risk in review, 6th Annual Study April 2017* The heart of the matter: Front-line leadership, collaborative success It’s been almost a decade since the 2008 global financial crisis and its aftermath forced companies into a defensive risk management posture, pulling responsibilities back from the business units to the second line of defence as they fought to weather the storm. […]

How Boeing’s Responsibility in a Deadly Crash ‘Got Buried’

By Chris Hamby In the 2009 and Max accidents, for example, the failure of a single sensor caused systems to misfire, with catastrophic results, and Boeing had not provided pilots with information that could have helped them react to the malfunction. The earlier accident “represents such a sentinel event that was never taken seriously,” said Sidney Dekker, an aviation safety […]

Global Risks Report 2020

The report is published as critical risks are manifesting. The global economy is facing an increased risk of stagnation, climate change is striking harder and more rapidly than expected, and fragmented cyberspace threatens the full potential of next-generation technologies — all while citizens worldwide protest political and economic conditions and voice concerns about systems that exacerbate inequality. The challenges before us […]

Directors and Officers Insurance Insights 2020

The range of exposures facing directors and officers (D&Os) – as well as the resultant claims scenarios – have increased significantly in recent years. With corporate management under the spotlight like never before, Allianz Global Corporate & Specialty (AGCS) experts provide both a reflection of the current state of the D&O insurance market and also point the lens forward to […]

5 Risks for Legal and Compliance Leaders to Watch in 2020

The Gartner Legal and Compliance Hot Spots report identifies the top risk trends legal, compliance and privacy leaders should focus on in the next two years. The adage “The only constant is change” is one with which legal, compliance and privacy executives are all too familiar. Technological advancement is a primary, most obvious, driver of such change, creating both efficiencies […]

Public Sector Research Report

Philippe Auzimour & Sabrina Baker-Boshuizen The downturn in the global economy raises important questions about how organisations conduct their business – and particularly about how they assess and manage risk. in March 2009 Marsh has conducted a survey in cooperation with ipsos Mori to find out how organisations have responded to the downturn in the economy. The survey examined attitudes […]

Managing Risk: How To Maximize Performance In Volatile Times

Greg Case | President and CEO AON “Every organization, industry and economy around the world is confronting more risks than ever before. Considering this backdrop, it’s troubling that many organizations report that they may be less prepared than they have ever been. A key insight from Aon’s 2019 Global Risk Management Survey is that organizations need to be more prepared for […]

Risk in Focus 2020: Hot topics for internal auditors

Risk in Focus 2020 has been published by a consortium of institutes of internal auditors that includes the Chartered Institute of Internal Auditors (UK & Ireland), Deutsches Institut für Interne Revision (DIIR), IIA Belgium, IIA Nederland, IIA Spain, IIA Sweden, Institut Français De L’audit Et Du Contrôle Interne (IFACI) and the Italian Association of Internal Auditors. Welcome to Risk in Focus […]

Adapt now: a global call for leadership on climate resilience

Global Commission on Adaptation Climate change is one of the greatest threats facing humanity,with far-reaching and devastating impacts on people, the envi- ronment, and the economy. Climate impacts affect all regionsof the world and cut across all sectors of society. People whodid the least to cause the problem—especially those living in poverty and fragile areas—are most at risk. Consider: Without […]

World food security increasingly at risk

United Nations, IPCC More than 500 million people today live in areas affected by erosion linked to climate change, the UN warned on Thursday, before urging all countries to commit to sustainable land use to help limit greenhouse gas emissions before it is too late. Speaking at the launch of a Special Report on Climate Change and Land by the UN […]

The digital future of government services

Frank Weise, Cordence, Global Head of Public Sector & Health Care  “Digitization is not only changing our business environment introducing completely new disruptive business models but is also offering completely new perspectives to enhance government services in terms of citizen or client centricity, accessibility of services, quality and efficiency. Looking at the demographic developments in many mature economies, digitization can be […]

WMO Statement on the State of the Global Climate in 2018

WMO’s latest report on global temperatures, extreme weather and climate change indicators and socio-economic impacts is “yet another strong wake-up call” on the need for more ambitious climate action, according to United Nations Secretary General António Guterres. The WMO Statement on the State of the Global Climate in 2018 was formally launched at a joint press conference with the UN Secretary […]

Dialogue on Risk

Effects of Project Risk Management on Project Success. Karel de Bakker | 2011 | University of Groningen “For almost 4 years, all outcomes of this PhD research project have been presented in English. For a good reason, because English is the leading language in the world of science. However, Dutch remains my first language, and it is much easier for […]

Allianz Risk Barometer 2019

Source Allianz. Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve […]

An energy transition risk stress test for the financial system of the Netherlands

De Nederlandsche Bank Almost 200 countries have signed the Paris Agreement: a pledge to keep the global temperature rise well below 2 degrees Celsius. To realize this pledge, global greenhouse gas emissions will need to be reduced substantially. This, in turn, requires a global transition to a low-carbon economy and energy system. Such an energy transition may give rise to shocks that […]

Global Risks Report 2019

World Economic Forum The  report is published against a backdrop of worrying geopolitical and geo-economic tensions. If unresolved, these tensions will hinder the world’s ability to deal with a growing range of collective challenges, from the mounting evidence of environmental degradation to the increasing disruptions of the Fourth Industrial Revolution. The report presents the results of our latest Global Risks Perception […]

Emissions Gap Report 2018

Foreword by Joyce Msuya, Acting Executive Director United Nations Environment Programme “The world is at last beginning to tackle its fossil fuel addiction. Coal is no longer competitive, and wind farms and solar installations are gathering pace – in Australia, northern Europe, China, India and elsewhere. Electric mobility and ride sharing are redefining transport, especially in cities tired of breathing dirty air. Huge strides in energy efficiency are being […]

Summary for Policymakers of IPCC Special Report on Global Warming of 1.5°C

Incheon, Republic of Korea, October 8 – Limiting global warming to 1.5°C would require rapid, far-reaching and unprecedented changes in all aspects of society, the IPCC said in a new assessment. With clear benefits to people and natural ecosystems, limiting global warming to 1.5°C compared to 2°C could go hand in hand with ensuring a more sustainable and equitable society, […]

Large potential reduction in economic damages under UN mitigation targets

Source: Nature International climate change agreements typically specify global warming thresholds as policy targets, but the relative economic benefits of achieving these temperature targets remain poorly understood. Uncertainties include the spatial pattern of temperature change, how global and regional economic output will respond to these changes in temperature, and the willingness of  societies to trade present for future consumption. Here we combine historical […]

Reshaping Decentralised Development Co-operation

OECD The Key Role of Cities and Regions for the 2030 Agenda  Over the last decades, and in line with the adoption of the Sustainable Development Goals (SDGs) in 2015, cities and regions have played an important part in helping to implement global agendas at local level through their Decentralised Development Cooperation (DDC) activities. This report analyses the evolution of […]

Deltares: “Gevolgen versnelde zeespiegelstijging hacken”

Deltares, 18 april 2017. Drie meter zeespiegelstijging binnen honderd jaar en nog eens vijf meter honderd jaar later. Nieuwe studies laten zien dat de Antarctische ijskappen veel sneller voor een zeespiegelstijging zorgen dan eerder werd gedacht. Zulke sterke zeespiegelstijging roept vragen op: zijn er grenzen aan de klimaatadaptatie in de Nederlandse Delta? Waar krijgen we mee te maken als de […]

Risk and Confidence Survey: taking the pulse of business. Spring ’18

Source: CNA Hardy. ‘Perfect storm’ of risk suppresses confidence Over the past six months there have been some dramatic changes in the risk landscape. Cyber and regulatory risk have pushed political and economic risk off the risk radar. As the frequency and severity of cyber risk increases and oversight, via the new General Data Protection Regulation (GDPR) steps up, so […]

Worsening Worldwide Land Degradation Now ‘Critical’, Undermining Well-Being of 3.2 Billion People

Source: Ipbes. Worsening land degradation caused by human activities is undermining the well-being of two fifths of humanity, driving species extinctions and intensifying climate change. It is also a major contributor to mass human migration and increased conflict, according to the world’s first comprehensive evidence-based assessment of land degradation and restoration. The dangers of land degradation, which cost the equivalent […]