Reliance on surveillance and monitoring to detect and correct for misconduct is no longer viewed as an adequate standard of care; firms must demonstrate a reliable capacity to predict and prevent stakeholder harm. Firms are looking to AI to achieve “predictive alignment ” between values and operations, so that their brand is burnished rather than tarnished in each stakeholder engagement.
Observations
Mar 01, 2023ClientEarth, an environmental advocacy group, has filed a lawsuit against the board of directors of Shell in the UK. The case alleges the directors breached their legal duties under the Companies Act by failing to adopt and implement an energy transition strategy that aligns with the Paris Agreement — an international treaty on climate change.
Observations
Aug 08, 2022Observations
Jul 11, 2022Organizational accidents, or risk management failures, don’t have to be seen in a negative light, Starling Advisor Tom Reader asserts in a recent piece published by the London School of Economics. Instead, Reader argues that organizations should see them as an opportunity to learn.
