Corporate Social Responsibility - CSR

FERMA has told the European Commission that reporting of non-financial matters such as environmental and social performance by companies should become a business process and that the reporting of risks connected with non-financial elements should be aligned with the organisation’s objectives
“Climate researchers expect that strong and very strong storms – similarly to hurricanes – will increase in frequency, with so-called ‘weather bombs’ also being possible. Weather bomb is the term used to describe an event in which an area of low pressure intensifies considerably in a very short time.”
As part of the UN’s sustainable development agenda entitled Transforming our world: the 2030 Agenda for Sustainable Development, countries have adopted a set of 17 Sustainable Development Goals (SDGs) to transform our world. In a recent UN Global Compact-Accenture Strategy CEO Study, 49% of CEOs believe that business will be the single most important factor in delivering these SDGs.

The Federation of European Risk Management Associations (FERMA) has told the European Commission that enterprise risk management (ERM) is the best method for companies to approach the new EU requirements for large companies to report on their non-financial or corporate social responsibil