As investors focus on ESG reporting, there is opportunity for internal auditors to get involved and provide assurance.
In January, BlackRock CEO Larry Fink published an open letter to company CEOs warning them that if they didn't take immediate steps to help their businesses become more resilient to climate and environmental risks, they risk being dropped from pension fund portfolios. This kind of announcement has the ability to spark boardroom conversations during a time when the push for organizations to identify, mitigate, control, and disclose the myriad risks to their businesses to a wider range of stakeholders — not just shareholders — continues to gather pace worldwide.
