Environmental and Social Risk Management

Environmental and Social Risk Management (ESRM) involves identifying, assessing, and mitigating potential risks that may negatively impact the environment and society due to business activities or projects. This process ensures that companies consider their effects on the natural world, local communities, and human rights while making decisions. By managing these risks, organizations can prevent harm, enhance sustainability, and promote social responsibility, ultimately contributing to long-term success and positive community relations. Effective ESRM helps businesses align their operations with ethical standards and regulatory requirements, fostering a healthier planet and society.