The management of Environment, Social and Governance (ESG) risk, Compliance risk and Non-financial risk (NFR) is increasingly critical for the financial services industry. Expectations by regulators are ever more demanding and monetary sanctions are increasing. Still – ESG, Compliance and NFR risk management requires sophistication in various areas of a risk management system. The book is analyzing a major success factor for meeting the requirements of a modern risk management: an institution specific Target Operating Model (TOM) – integrating Strategy, Governance & Organization, Risk Management, Data Architecture and Cultural elements to ensure maximum effectiveness. Also, institutions need to master the digital transformation journey for their business model to be sufficiently sustainable over the years to come. This handbook has been written by senior ESG, Compliance and NFR experts from key markets in Europe, the U.S. and Asia and gives practitioners the guidance that is needed to master the challenges in today`s global risk environment. Each chapter covers key regulatory requirements, major implementation challenges, practical solutions and "real life" examples.weiterlesen