Many companies now face backlash for juggling environmental, social, and governance goals as inseparable. While these are all important, they represent distinct areas that require tailored approaches. A more pragmatic solution is a risk-based approach to sustainability, where environmental objectives are integrated directly into a company's risk management framework.

Organizations today must go beyond traditional financial reporting to provide a comprehensive view of their performance, strategy, and value-creation processes. Integrated Reporting (IR), guided by the IFRS Integrated Reporting Framework, combines financial and non-financial information, ensuring stakeholders understand how organizations create value over time. Integrated Risk Management (IRM) is crucial in achieving effective integrated reporting.

As the ISSB standards begin to shape the corporate reporting landscape, companies must harness the power of Integrated Risk Management (IRM) to navigate this new terrain successfully. The introduction of the ISSB standards represents a significant leap forward in standardized, global sustainability disclosures. However, this new language also brings new challenges, making the role of an integrated risk management approach even more vital.