As the world emerges from the global pandemic, climate change is once again taking centre stage with the US Securities and Exchange Commission (SEC) proposing new rules to enhance and standardise climate disclosures.

Upon adoption, public companies would be required to disclose climate-related risks that could impact the organisation.

With the increased attention from stakeholders – investors, boards, customers, partners, and employees – along with these impending climate disclosure requirements, companies need the ability to access a current understanding of their risk exposure.

In this article for Strategic Risk, Atul Vashistha, Chairman and CEO, Supply Wisdom explains that the biggest climate exposure could be hidden in supply chains and why the only way to effectively mitigate ESG risks is proactively with continuous risk monitoring.