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All issuesVolume 321, Issue 2IT NewsESG

ESG & Resilience: Transforming Third-Party Risk And The Extended Enterprise

GRC 20/20, Wednesday, December 11th, 2024

The regulatory landscape for Environmental, Social, and Governance (ESG), operational resilience, and third-party risk management (TPRM) is undergoing a profound transformation.

Organizations across Europe-and those operating within European supply chains-are feeling the impact of the looming EU Corporate Sustainability Due Diligence Directive (CSDDD) as well as the EU Digital Operational Resilience Act (DORA).

These regulations are driving a shift from fragmented, reactive third-party risk management processes to integrated, proactive strategies that emphasize not only ESG, but also operational resilience.

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