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Who Owns ESG Today? Second Line Evolution and the Integrated Reporting Imperative

Audit Board

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? Hear From Leaders: Deloitte’s “ Controllership strategies for ESG reporting ” Legal or General Counsel: Advises on understanding/mitigating ESG risks (e.g., Who should own it?

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Morrison & Foerster Discusses Federal Banking Agencies’ Adoption of Climate-Related Financial Risks Guidance

Reynolds Holding

The high-level framework set out in the Climate Principles is intended to assist banking organizations in managing climate-related financial risks (i.e., physical risk and transition risk). [1] The Climate Principles also cover a range of specific risk areas (e.g.,

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Midyear Observations on the 2023 board agenda

Harvard Corporate Governance

Data privacy risk is a major concern with generative AI, since user data is often stored to improve the quality of data. Compliance risks arising from the rapidly evolving global regulatory environment. Increased cybersecurity risks. Monitoring and complying with evolving AI legislation must be a priority for management.

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Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare

Audit Board

To this end, companies would be required to affirm whether they have a cybersecurity risk assessment program , how it works, how it fits into strategy and planning, and whether it uses (and how it chooses) third parties. Most companies have work to do in connecting technology and teams. Another 12.6% Jira, project management tools), 9.5%

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Updating Annual Report Risk Factors

Harvard Corporate Governance

Additionally, rising interest rates could impact a company through changes in financing availability, the cost of debt, and exchange rate fluctuations. [2]. 2 For more information, see our prior alert, “ Inflation and increasing interest rates reshape US leveraged finance markets.” ” (go back). ” (go back).

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Material Adverse Effect Clauses

Erik A. Lopez

First, it qualifies ( i.e. , limits) various seller representations, warranties and covenants , establishing a relatively high threshold for disclosure or compliance relating to risks associated with changes in the target’s business. MAE serves two primary functions in a transaction agreement.

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How to Value a Convenience Store

Equilest

Some common risks include facing strong competition from other stores in the area, dealing with changes in customer preferences and market trends, and managing inventory effectively to prevent waste and obsolescence. Q 6 : Can I finance the purchase of a convenience store?