Sustainability offers a new way of looking at risk that is broader than a traditional enterprise risk management (ERM) framework. By looking beyond economic, strategic and operational factors to include social and environmental considerations, sustainability allows corporations to consider emerging risk areas and to look for opportunities presented by risks that are overlooked by other analytical and systems-driven approaches. A more holistic point of view assures sound financial management, ethical corporate governance and transparency with respect to information provided to employees and other stakeholders. Sustainability requires that organizations strive for financial success while accepting responsibility for their impact on and relationships with a diverse group of stakeholders. Sustainability, coupled with traditional risk identification and analysis tools, gives risk managers the information they need to make better, more informed decisions on an array of risks, including environmental, social, economic, operational and strategic issues. A risk management approach that incorporates sustainability provides management with useful data for identifying emerging issues and developing new and better products and processes that help protect corporate reputation and improve shareholder value. In this course, we shall explore how to use sustainability as a platform for risk management, supplementing traditional risk management techniques and improving responses to all areas of risk. We teach you how sustainability can incorporate ERM techniques and highlight the benefits of considering a broader spectrum of risks and searching for opportunities that are derived from the process of identifying and analyzing risks from all aspects of the organization’s operations and activities etc.