Spotlight on Business Risks 2023
Whether navigating economic uncertainty, keeping pace with shifting societal values or mounting ESG regulation, the stakes are getting higher for global boardrooms.
Building on a programme of research and interviews with businesses of all sizes from 10 different industry sectors in the US and UK, we are throwing a spotlight on this area.
In a series of in-depth reports, we are sharing insights into how business leaders feel about a variety of risks within four key categories- Geopolitical, Business, Environment and Cyber & Tech.
Whether navigating economic uncertainty, keeping pace with shifting societal values or mounting ESG regulation, the stakes are getting higher for global boardrooms.
AI and new technologies distract businesses as cybercrime risk begins to intensify.
Our research has revealed that dealing with the immediate pressures of energy transition in an uncertain geopolitical landscape, and accountability for greenhouse gas emissions on the journey to net zero, are proving a distraction from dealing with the overarching, immense threat posed by climate change.
Our latest research with business leaders about the cyber risks they face and their resilience to them throws a spotlight on how other risk classes may be distracting them from what remains a real and present danger.
Geopolitical risks include the threat of disruption, failure to keep pace with changing technology, cyber risk and intellectual property risk.
Business risks include supply chain instability, business interruption, boardroom risk, crime, reputational and employer risk.
Environmental risks include climate change and associated catastrophic risks, environmental damage, pandemic risk, food insecurity and energy transition risk.
Technology risks include the threat of disruption, failure to keep pace with changing technology, cyber risk and intellectual property risk.
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