Workiva: Balancing the Demands of GRC and ESG
Workiva: Balancing the Demands of GRC and ESG

Workiva: Balancing the Demands of GRC and ESG

Mike Edwards

20 min
Business & Finance
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Description

<p>GRC (governance, risk management, and compliance) and ESG (environmental, social, and governance) are critical for companies to balance in today's business landscape.&nbsp;</p><p>While GRC focuses on achieving objectives responsibly, mitigating risks, and meeting compliance requirements, ESG addresses a company's broader responsibilities to its stakeholders, including the environment, employees, and society as a whole.</p><p>Balancing both can be challenging, but it is essential for companies to operate sustainably and responsibly. Companies that prioritise ESG practices often have better long-term financial performance, while those that prioritise GRC can avoid costly legal and reputational risks.&nbsp;</p><p>Therefore, companies should look at integrating ESG and GRC to maximise efficiency and support the integrity of financial and non-financial reporting for sustainable growth.&nbsp;</p><p>In this episode of the EM360 Podcast, Analyst&nbsp;<a href="https://www.linkedin.com/in/stiennon?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAAABUc4B5h5-LcyWbBxWL5XmadYai3MIG4o&amp;lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_all%3BSL0uxehAR2etkrSUaLt%2FBw%3D%3D" rel="noopener noreferrer" target="_blank">Richard Stiennon</a>&nbsp;speaks to&nbsp;<a href="https://www.linkedin.com/in/grant-ostler?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAAA33J4BifwXErJSvu79hnIRHkfuiX5Gl8I&amp;lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_all%3Bvjl0v3KFTwO9XMJQ2firmA%3D%3D" rel="noopener noreferrer" target="_blank">Grant Ostler</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/markmellen?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAAEt8JIBlKXTOqLvGZAAo2_nNl6QyLxF6EQ&amp;lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_all%3BGCDqGacVRPiTUGzPfoY8cg%3D%3D" rel="noopener noreferrer" target="_blank">Mark Mellen</a>, Industry Principals at&nbsp;<a href="https://em360tech.com/solution-providers/workiva" rel="noopener noreferrer" target="_blank">Workiva</a>, to discuss:</p><ul><li>How ESG has transformed in the last few years</li><li>I

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Workiva: Balancing the Demands of GRC and ESG - Listen Free | WowFM