“The current political climate, lingering social justice issues, and interest groups’ pressure may drive (Political Action Committees) to think more broadly and boldly about what that reputational risk entails…Reputation risk management, however, has too great an upside on protecting presumptive ESG value, and too great a downside, to set aside,” (Nir Kossovsky and Denise Williamee) wrote (last month).”Bloomberg Law
January 19, 2021
“ESG issues are an entirely new area of reputation risk management, wrote Nir Kossovsky and Denise Williamee (of Steel City Re.”
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Reputation risk management comprises governance, leadership, controls and insurance.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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