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4 steps to improving your ESG risk management to increase financial performance

IBM Big Data Hub

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

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How A Data Catalog Enhances Data Risk Management

Alation

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. The Increasing Focus On Data Risk Management. Or, read on for a brief summary.

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Big tech companies commit to new safety practices for AI

CIO Business Intelligence

The signatories agreed to publish — if they have not done so already — safety frameworks outlining on how they will measure the risks of their respective AI models. The risks might include the potential for misuse of the model by a bad actor, for instance. So, in a way, it is a step towards ethical AI.”

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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 110
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OpenAI sets up new safety body in wake of staff departures

CIO Business Intelligence

As the usage of generative AI increases, associated risks, and security concerns are emerging,” observed Pareekh Jain, CEO of EIIRTrend & Pareekh Consulting. The Scarlett Johansson incident has heightened OpenAI’s awareness of these risks.” He’s not alone in that believe.

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

Management consulting firm AArete has been using other gen AI to do just that for about a year. “We Still, he urges companies to look beyond measurements of coding speed. Below-average consultants benefitted the most, with their performance increasing by 43%. Meanwhile, above-average consultants saw only a 17% benefit.

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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

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