Regulators, investors, stakeholders, and even the public expect more from companies beyond short-term profits. With a recent focus on issues such as diversity and climate change, it has become increasingly urgent for organizations to understand and manage Environmental, Social, and Governance (ESG) risks.
This heightened awareness of socio-economic and environmental factors has created an opportunity for internal auditors to position themselves as trusted business advisors while supporting change within their organizations. Additionally, internal auditors possess the necessary skillsets to better identify areas of potential risk and growth opportunities.