10.0 Learning Outcomes
Learning Objectives
At the end of this chapter, students will be able to:
- Analyze the paradigm shift from traditional risk management to sustainable risk management, highlighting the key differences and implications for organizations in the 21st century.
- Evaluate the interconnectivity between sustainability challenges and organizational risks, providing examples of how sustainability issues can impact various aspects of an organization’s operations.
- Identify and classify the different types of ESG risks, explaining their potential impacts on an organization’s value, operations, and long-term viability.
- Apply various sustainability risk management frameworks, such as the UN SDGs, TCFD recommendations, and GRI Standards, to develop strategies for assessing and mitigating ESG-related risks.
- Assess how integrating sustainability into risk management can create opportunities for competitive advantage, innovation, improved decision-making, and enhanced stakeholder trust and reputation.
