Risk management needs to be a collaborative exercise, there’s now no such thing as “business as usual” and risk leaders need to be recognised and championed.

The Global Risk report from the WEF says we can ‘expect the next three years to be characterized by either consistent volatility and multiple surprises or fractured trajectories that will separate relative winners and losers.’

There is rising pressure on all risk management functions.

The #RISK Awards will acknowledge and celebrate organisations, teams, and leaders from all aspects of governance risk and compliance (GRC).

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• Criminals scammed UK banking customers out of a record £1.3bn in 2021
• Allegations of bullying and abuse, sexism, racism
• Modern slavery has surged in the last five years
• The global supply chain is challenged
• Regulatory authorities around the world continue to evolve and expand their scope
• Seismic shifts in workplace culture
• Climate change is already manifesting rapidly in the form of droughts, fires, floods, resource scarcity and species loss
• Companies are having to integrate ESG risk into their compliance programmes
• Growing digital dependency will intensify cyberthreats