{"id":13837,"date":"2024-03-11T16:21:31","date_gmt":"2024-03-11T20:21:31","guid":{"rendered":"https:\/\/steelcityre.com\/?p=13837"},"modified":"2024-03-11T16:21:36","modified_gmt":"2024-03-11T20:21:36","slug":"dei-as-a-reputation-risk-to-business-bloomberg-law","status":"publish","type":"post","link":"https:\/\/steelcityre.com\/2024\/03\/11\/dei-as-a-reputation-risk-to-business-bloomberg-law\/","title":{"rendered":"March 11, 2024"},"content":{"rendered":"\n

DEI as a Reputation Risk to Business<\/h2>\n\n\n\n

DEI as a Reputation Risk to Business. A \u201cflurry of securities filings noting potential legal and reputation risks stemming from diversity, equity and inclusion efforts follows the US Supreme Court\u2019s June decision .\u201d [\u2026] \u201cIf we do not successfully manage expectations across these varied stakeholder interests, it could erode stakeholder trust, impact our reputation, and\/or constrain our investment and fundraising opportunities,\u201d one filing said.A \u201cflurry of securities filings noting potential legal and reputation risks stemming from diversity, equity and inclusion efforts follows the US Supreme Court\u2019s June decision .\u201d [\u2026] \u201cIf we do not successfully manage expectations across these varied stakeholder interests, it could erode stakeholder trust, impact our reputation, and\/or constrain our investment and fundraising opportunities,\u201d one filing said.<\/p>\n\n\n\n

Click on the image above to read more<\/strong> (No Paywall).<\/p>\n\n\n\n

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Reputation risk can be measured, managed, and insured. Disclosure is only the beginning. <\/em><\/p>Bloomberg Law: March 11, 2024<\/cite><\/blockquote><\/figure>\n<\/div>\n\n\n\n

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Steel City Re\u2019s strategic tools help risk managers build corporate resilience by predicting<\/a> reputation risk, protecting<\/a> enterprise value, and promoting<\/a> risk management. We help risk managers manage risk <\/a>and add value across Boardrooms, C-Suites, and operational silos through reputation resilience.<\/p>\n\n\n\n

Reputation is Mission-Critical<\/strong><\/h2>\n\n\n\n

Today\u2019s sophisticated risk managers are strategic corporate talents, helping the C-suite and board meed stakeholder expectations for resilience. They know that enterprise damage from reputation risks might be their greatest and longest lasting peril, so they monitor for red flags. They foster a culture that respects those warnings and facilitate processes to mitigate those risks. Their diligence strategically builds enterprise-wide resilience that informed stakeholders can appreciate, and they use insurance two ways: operationally, to foster resilience; and strategically, to authenticate their thoughtful risk management and dutiful governance systems.<\/p>\n\n\n\n

The results of strategic reputation risk management are evident in reputation resilience. More than crisis recovery, they include customers buying, not boycotting; employees working, not fleeing; investors buying, not selling; lenders adjusting interest rates down, not up; regulators deferring, not enforcing; and social license holders acquiescing, not protesting.<\/p>\n\n\n\n

DEI as a Reputation Risk to Business. Having a robust Reputation Resilience Program in place offers, amongst other benefits<\/a>:<\/p>\n\n\n\n