Deloitte Enterprise Risk Services
Overview: Boards of directors have become increasingly aware of their responsibilities related to effective oversight of management’s execution of enterprise‑wide risk management processes. This is due, in part, to significant external pressures that have developed recently which are thrusting risk management and its oversight to the forefront of many board agendas and management action plans. Many organizations are embracing an enterprise wide approach to risk oversight known as Enterprise Risk Management (ERM) and executive management teams leading these efforts are turning to frameworks to aid them in strengthening their enterprise‑wide risk management processes.
In a changing world where energy and resource scarcity and climate change have become key themes, energy and resources companies face a myriad of emerging risks. Political instability, safety hazards, infrastructure degradation, operational outages, adverse weather events, greenhouse gas emissions, and risks related to disruptive technologies such as distributed electricity generation or shale gas production are just a few of the perils they face.
