Corporate survival: the critical importance of sustainability risk management
Corporate Survival: The Critical Importance of Sustainability Risk Management thoroughly examines the rising sustainability risks that affect thriving businesses, the environment, various societies, people in foreign lands, and our children. Author Dan Anderson, a professor of risk management and insurance, has been observing sustainability risk management issues for his entire career. In Corporate Survival he presents guidelines for various professionals in the risk management and insurance industries. In his view, corporations need to establish sound sustainability risk management systems in order to survive potentially major financial and professional damages. These damages can arise from liability suits, customer boycotts, shareholder actions, new regulations, and international pressures. Anderson provides well-timed direction for establishing risk management systems, as well as numerous examples of how companies successfully employ sustainability risk management strategies. He also demonstrates the advantages of following his advice for corporate survival, including reducing sustainability risk costs, improving competitive advantage, attracting both reliable customers and productive employees, augmenting the firm?s reputation and community image, and increasing profits. Corporate Survival will help all corporations and those in the fields of risk management and insurance improve business systems while enhancing environmental quality and social justice conditions.
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Sustainability Risk Assessment
Chapter z Expanding Liabilities for Sustainability Risks
ReputationBoycott Sustainability Risks
11 other sections not shown
actions Anderson areas asbestos associated billion boycott Business Insurance Chapter chemicals Citigroup cleanup Climate Change companies corn corporate countries directors and officers ecosystem services effects Enron environment environmental and social environmental liability Environmental Risk estimated exposure ExxonMobil firm forests future Genetically global warming GM crops greenhouse gas groups hazardous waste Human Rights Ibid impact increased injuries insurance industry International investment investors involved issues Kyoto Kyoto Protocol liability insurance liability policies litigation loss ment Michael Braungart natural NGOs ocean organizations percent policyholders pollution exclusion potential pressure protect PRPs recycling reduce regulations Reinsurance reputation damage result risk assessment risk control risk costs risk financing risk management strategies ronmental shareholder shareholder resolutions social justice social justice risks Social Responsibility standards Superfund sustainability risk management Swiss Theo Colborn tion Wall Street Journal workers WorldCom York