Climate risks can have wide-ranging impacts on enterprise growth. The effects of such risk are diverse and can affect organizations’ operations, assets, and supply chain. Tech Mahindra unveiled i.Riskman, an ESG (Environmental, Social, and Governance) risk assessment platform to tackle climate-related risk by identifying and assessing risk management insights.
It provides a comprehensive solution to evaluate the impact of climate risks on business strategies, financial aspects, and overall risk exposure.
i.Riskman is a centralized platform for enterprise risk management that enables an automated risk register as a point of reference for the risk management committee and the board.
The platform will provide a comprehensive and automated view of their climate-related risk landscape, enabling them to manage the financial impact of climate risks with up to 95 percent accuracy.
“We are positive that i.Riskman will provide our customers with an overall risk landscape view, allowing them to proactively mitigate climate risks and make informed decisions supporting sustainable growth,” said Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra.
The ESG risk management platform can be easily navigated and used by users with varying expertise and backgrounds in an organization, promoting transparency and enabling effective collaboration among stakeholders involved in the risk management process.
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