Achieving a clear and cohesive view of non-financial risks (NFRs) within an organization is not easy. It requires establishing a well-defined governance structure with robust oversight mechanisms, gaining a thorough understanding of individual risks while recognizing their interconnections and cumulative impact, implementing a robust data collection method alongside reporting tools, and ensuring continuous monitoring.  

In this article, we explain how organizations can effectively aggregate NFRs, moving from a fragmented view and interpretation of risk to a single cohesive overview that facilitates informed and strategic decision-making in an increasingly volatile business environment.