Thursday, August 05, 2010

Five highly charged risk area for internal audit


Climate change and sustainability are fundamental business issues in the emerging low-carbon economy. This opens up not only new opportunities for organizations to increase revenue and reduce costs, but also the need to manage a wide variety of new risks. For the Internal Audit function, identifying and understanding these risks and how they affect the organization is critical — as is Internal Audit’s role in helping to evaluate the results of climate change and sustainability initiatives and reporting when the results do not meet the company’s objectives.

Accuracy in monitoring, measuring and reporting the results of climate change actions is becoming increasingly important to internal and external stakeholders.

See full Study, in pdf format.