ECI Leading Edge: Applying Enterprise Risk Management to ESG Related Risks
Recordings will be posted Monday, November 8
A multi-day series covering content and issues vital to the E&C profession.
ECI is trying something new! We tapped into the cross-industry expertise and broad prospective of a select number of consultants and solutions providers to deliver a multi-day education series on leading-edge issues vital to the E&C profession. The ECI Leading-Edge Series will be presented by the solution providers and seasoned E&C practitioners who will bring their expertise, thought-leadership and broad understanding of the E&C industry to cover these timely issues.
Event Moderator: Asha Palmer, with Convercent by OneTrust, will be the moderator of this event and, at the end of Day 2, she will host a 45-minute Q&A with presenters from both days and audience members.
There is no cost to attend.
Event registration gives you access to all of the sessions. | Sessions will be recorded and made available when the series concludes. | Each session is eligible for 1 CEU credit.
Governance, including strong oversight is a prerequisite to effectively identifying, assessing and addressing the full spectrum of business risks. Incorporating ESG-related risks into the governance structure, systems and processes is critical for overcoming the challenges many organizations face in managing material ESG risks.
Learning objectives:
- Best practices for developing an ESG strategy from the top down
- How to establish operating structures in the pursuit of ESG strategy and business objectives
- How to incorporate ESG into company values and culture
- How companies can define purpose-driven cultures aligned with ESG
- Best practices for human and social capital management
Speakers:
Karen Alonardo, MSEM | Vice President of ESG Solutions | NAVEX Global
Rodolfo Araujo | Senior Managing Director | FTI Consulting
Resources:
ESG Reporting Checklist
How ESG Regulation Takes Shape: Lessons Learned from the EU
NAVEX ESG Conflict Minerals
NAVEX ESG Environmental Sustainability Management
NAVEX ESG Responsible Supply Chain Management
The current ESG reporting and assurance landscape is rapidly evolving to meet the need of investors, regulators, and other financial reporting stakeholders, which can present disclosure risks for public companies. Gain an understanding of the current ESG reporting and assurance landscape. Further, experts will discuss upcoming regulatory developments and how they might impact your organization’s ESG strategy and the broader E&C profession.
Learning Objectives:
- Gain insights into findings from the Center for Audit Quality’s ESG Reporting and Assurance Analysis of S&P 500 companies
- Understand the potential impact of upcoming regulatory developments
- Learn how these developments might impact the E&C profession
Speakers:
Desiré Carroll, CPA, CA(SA) | Director, Professional Practice | The CAQ
Marc Siegel | Assurance Partner, Corporate & ESG Reporting Thought Leader | Ernst & Young LLP
Resources:
CAQ_The Role of Auditors in Company-Prepared ESG Information – A-Deeper-Dive on Assurance
CAQ_- AICPA – Key Actions for Establishing Effective Governance Over ESG Reporting
CAQ – S&P 500 ESG Reporting & Assurance Analysis
The easiest part of creating an ESG initiative is declaring your good intentions. The real challenge comes in identifying the risks specific to your ESG goals and subsequently addressing/minimizing those risks. Being able to understand your risk level in a quantifiable way is the most effective way to craft your ESG story and drive your outcomes.
Learning Objectives
- Identify how you should be weighing core key issues within each pillar based on industry and sub-industry.
- Create your organization’s framework for breaking out total exposure into digestible and actionable categories.
- Explore the path to taking your ESG strategies & performance and translating them into financial value.
- Reframe your view from identifying and managing ESG risk to prioritizing ESG value creation.
Speakers:
Giovanni Gallo | Co-Chief Executive Officer | ComplianceLine
Nick Gallo | Co-Chief Executive Officer | ComplianceLine
Bob Martineau | Senior Partner | Finn Partners
Resources:
Compliance Line – Quantifying ESG Risk to Drive Performance
Evaluating ESG Risk is a dynamic process that requires ongoing review and revision of both individual risks and the ERM process overall. In many jurisdictions, monitoring the effectiveness of an organization’s internal control and risk management process is required by regulation.
Learning Points
- Learn how to identify and assess changes that may substantially affect strategy and business objectives.
- Discuss the importance of reviewing organizational performance while considering risk.
- Take away best practices to encourage continued pursuit of improvement of enterprise risk management.
Speakers:
Maurice Crescenzi | Managing Director | FTI Consulting
Alanna Fishman | Managing Director | FTI Consulting
Risk information serves as an input to many strategic, operational, investment or purchasing decisions made by both internal and external stakeholders. Organizations should leverage existing communication channels in order to provide timely, relevant and quality ESG-related information to target audiences.
Learning Points:
- Understand how an organization leverages its information and technology systems to support enterprise risk management.
- Discuss ways that an organization can use communication channels to support enterprise risk management.
- Take away best practices on reporting risk, culture, and performance at multiple levels across the organization.
Speaker:
Lisa Schor Babin | Founder & Principal | Schor Ethics Consulting LLC
Holly Bossert | Vice President, Sales | Vault Platform
Join Asha Palmer, Chief Ethics & Compliance Officer & EVP, Converge with Convercent by OneTrust, and all of the speakers from the series for a lively discussion about the series content. Audience members will be encouraged to participate in the conversation as well as ask questions to the presenters.
Resource:
Complete the form below to request access to the recorded sessions.
THANK YOU TO OUR GENEROUS SPONSORS:
The CAQ is dedicated to enhancing investor confidence and public trust in the global capital markets. The public company auditing profession’s goals are closely aligned with those of all market participants—maintaining trust and confidence in the accuracy and transparency of U.S. public company reporting and the U.S. capital markets. It is not simply the auditor, but the entire U.S. reporting ecosystem, that makes trust in our markets work.
A Compliance Partner with Real People | People-focused compliance management solutions that keep your needs in mind every day.
In a world dominated by product-focused solutions that leave the rest of the work to you, ComplianceLine empowers the ethics and compliance professional with time-saving automation and impact-driving specificity to deliver the visibility and clarity to keep your people safe.
We are on a mission to change the world—literally.
Our software helps companies be more ethical and gives a voice to whistleblowers and victims. This drives us to do our best everyday—to keep going and support our teammates when things get tough—and to celebrate like crazy when we reach our goals.
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An Integrated Platform to Help You Effectively Manage Your E&C Program
NAVEX Global’s risk and compliance program management software has provided our customers with a new way to manage risk. It is a system that automates processes, operationalizes big data, and provides real-time risk information, along with the knowhow to make your program truly exceptional.
Speakers
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Alanna FishmanManaging Director, FTIManaging Director within its Strategic Communications segment, where she advises clients on the evolution of their environmental, social and governance (“ESG”) strategies and how to effectively communicate with their stakeholders.
Ms. Fishman joins FTI Consulting from Cornerstone Government Affairs, where she led the firm’s ESG practice. She brings significant experience advising boards of directors and leadership teams on ESG strategy, engagement and communications. She also led client service integration across Cornerstone’s communications and government relations practices.
Ms. Fishman started her career as a project manager at IHS Markit, a global data and advisory company, implementing its SAP solution. She then joined Newmont Mining, the world’s largest gold mining company, as a global business analyst, where she supported corporate environmental compliance due diligence, organizational change management and stakeholder engagement projects. Prior to joining Cornerstone, Ms. Fishman was the Director of Policy and Social Responsibility at HBW Resources, an energy-focused consulting firm. -
Asha PalmerChief Ethics & Compliance Officer & Executive Vice President, Converge, ConvercentAsha’s expertise lies in the areas of program development and enhancement, training and engagement, anti-bribery & corruption, risk assessments, and third-party management. She has developed and enhanced ethics & compliance programs for over 20 companies worldwide. As a former Assistant United States Attorney and litigator, Asha is passionate about training, engagement, and finding practical ways to embed ethics & compliance within businesses and with its leaders. Asha is also active in the ethics & compliance community, presenting in 2017, 2018 and 2019 at Compliance Week Europe and participating in the well-renowned Program for Corporate Compliance & Enforcement at New York University.
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Bob MartineauSenior Partner, Finn PartnersI have worked with companies in the utility, automotive, pulp and paper, food products, chemical and health care sectors to help analyze and problem solve a wide variety of environmental and energy issues and manage risk. I have partnered with clients to help them develop, implement, and then communicate their efforts on these issues with customers, employees, investors, regulatory agencies, advocacy groups and other stakeholders. I believe in giving back and have served on and as board chair of several different nonprofit groups as well as mentoring young professionals.I am a lawyer by training and bring three decades of experience in environmental, energy, and sustainability related experience in both the public and private sector. I started in private practice working on a wide variety or air, water and waste issues for manufacturing and utility clients. I worked at EPA headquarters in D.C. in the Office of General Counsel and then became a partner at Waller, a major law firm in Nashville for over a decade. In 2011, I was appointed by the Governor of Tennessee as the commissioner of the state environmental agency. While in that role I was also elected by my peers to serve as the head of the organization of state environmental agency heads. FINN’s growing practice in the environment, energy and sustainability and the opportunity to work with talented professionals in a collaborative environment, doing great work for amazing clients is what brought me here.
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Desiré CarrollDirector, Professional Practice, Center for Audit QualityDesiré Carroll, CPA, CA(SA) is a Director, Professional Practice at the Center for Audit Quality. In this role since 2021, her duties include advancing technical and policy-oriented projects to identify, develop, and seek consensus on issues affecting the public company auditing profession. This includes engaging with senior leaders across the financial reporting ecosystem, drafting comment letter responses to regulators, developing thought leadership publications, and responding to technical inquiries.
Before joining the CAQ, Desiré served as Associate Director – Sustainability Assurance at the American Institute of Certified Public Accountants (AICPA) where she worked for over 9 years. Prior to that, she spent over 11 years at Deloitte primarily in their New York M&A Transaction Services group and initially in their Audit practice. Desiré is a CPA licensed in Colorado and a South African Chartered Accountant.
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Giovanni GalloCo-Chief Executive Officer and Chief Growth Officer, EthicoAs Co-CEO and CTO of Ethico Giovanni lives his passion for seeing people thrive in the workplace. He helps develop ComplianceLine’s workforce and solutions which enable compliance professionals to be more effective in their jobs, so they can successfully protect their teams and meaningfully serve their missions. Giovanni has a B.S. in Finance and Accounting from Indiana University and an MBA from the Kellogg School of Management at Northwestern University.
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Holly BossertVice President, Sales, Vault PlatformHolly has spent the last 15 years in the Culture, Engagement and DE&I space helping organizations build ethical and inclusive cultures. She’s worked with such organizations as Aldo Shoes, Hallmark, Specsavers, Vanguard, and Staples. She splits her time between Baltimore Maryland and Fort Lauderdale FL.
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Karen AlonardoVice President, ESG Solutions, NAVEX GlobalKaren Alonardo, MSEM, is the Vice President of ESG Solutions at NAVEX Global, formerly the founder and CEO of CSRWare (acquired by NAVEX Global in 2020). Karen has held several key leadership and entrepreneurial positions at Fortune 500, private start-up, and high-growth companies, including Director of Online Operations and Information Systems and Technology at Electronic Arts and VP of Operations at Critical Path, the first technology company to deliver email as a hosted service.
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Lisa Schor BabinFounder & Principal, Schor Ethics Consulting, LLCLisa Schor Babin is Founder & Principal of Schor Ethics Consulting, LLC. Prior to starting her ethics consulting business, Lisa spent 17 years at Dun & Bradstreet, most recently in the role of Global Compliance & Ethics Leader reporting to the Chief Compliance Officer. During her time at Dun & Bradstreet, she built and branded the compliance and ethics program framework, with code of conduct and other policies, training, communications and awareness and a new global hotline program. Lisa has extensive experience partnering with global leaders to promote and reward personal and organizational integrity, ethical leadership, transparency and accountability. She is a passionate and committed, business-oriented leader and advocate for fostering a speak-up, listen-up culture. Prior to Dun & Bradstreet, Lisa spent 10 years at Goldman, Sachs & Co., the last seven of which she was VP, Contract Negotiator in the Legal department’s Technology, Licensing & Contracts Group. Lisa is a Certified Compliance & Ethics Professional – International (CCEP-I) and Certified Compliance & Ethics Professional (CCEP) since 2014.
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Marc SiegelAssurance Partner, Corporate & ESG Reporting Thought Leader, Ernst & Young LLPMarc is the Corporate and ESG Reporting Thought Leader for EY Americas Assurance Practice. In this role, he provides insights on ESG and corporate reporting, including matters involving investors, corporations, NGOs and regulators. These insights are delivered via a combination of high-value communication channels to connect with key audiences. Fluent in both financial and ESG reporting, Marc helps clients understand the rapidly evolving corporate reporting landscape and how they can develop a transparent articulation of the long-term value creation story throughout all the communication channels to investors, which is key to maximizing valuation opportunities. Marc’s expertise in corporate reporting has been built over 30 years, with deep experience in audit, buy-side research, policy and consulting. In January 2019, Marc was appointed as a Board Member of the Sustainability Accounting Standards Board (SASB).
Previously, Marc was a Board Member of the Financial Accounting Standards Board (FASB) with his second and final term ending June 2018. During this time, the FASB finalized major new accounting standards for revenue recognition, lease accounting, financial instruments, hedge accounting, long-duration insurance, credit losses and many others. Further, Marc was instrumental in FASB projects on financial statement presentation, financial performance reporting, disclosure framework, and was involved globally with the International Accounting Standards Board (IASB), Enhanced Disclosures Task Force, International Integrated Reporting Council and the Corporate Reporting Dialogue. At FASB, Marc hosted forums on both coasts with auditors, preparers, securities regulators, securities attorneys, investors and audit committee members to kick off the Disclosure Framework project.
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Maurice L. Crescenzi Jr.Principal, Risk Advisory Practice Leader, Global Consulting Solutions, CohnReznickAs a member of CohnReznick’s Global Consulting Solutions practice, Maurice Crescenzi has nearly 30 years of in-house and Big 4 consulting and risk management experience. He works with organizations in multiple industries to assess, design, implement, and enhance governance structures, ethics and compliance programs, and other risk-focused programs.
A seasoned compliance officer with cross-industry experience, Mr. Crescenzi has conducted risk management work in more than 35 countries and has held in-house compliance officer positions at the leadership level in leading, global consumer products companies such as the Altria family of companies (Philip Morris, Kraft Foods, Miller Brewing, etc.), Schering-Plough Pharmaceuticals, and the DeVry Education Group. In these capacities, Mr. Crescenzi led the design and implementation of the companies’ global compliance programs. As a compliance leader, Mr. Crescenzi has served on the companies’ management teams, and has reported to the audit committee of the board.
Mr. Crescenzi is well-versed in leading practices related to effective risk management program design and implementation – across programmatic elements (e.g., risk assessments, code of conduct, training, whistle-blowing, monitoring, etc.) and risk areas (e.g., anti-bribery and anti-corruption, conflicts of interest, antitrust, insider trading, records management, etc.).
Mr. Crescenzi is recognized member of leading compliance organizations, and he speaks regularly at compliance and ethics conferences, both in the United States and abroad. He is also published on these topics. -
Nick GalloChief Servant and Co-CEO, Ethico (formerly ComplianceLine)Nick Gallo is the only millennial CEO of a compliance company. He has worked with and analyzed hundreds of organizations over his career in advisory services, private equity, and compliance, and has seen first-hand the transformative impact compliance and culture can have on generating sustainably superior results.
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Rodolfo AraujoSenior Managing Director, FTI ConsultingRodolfo Araujo serves as Senior Managing Director in the Strategic Communications segment at FTI Consulting and is based in Washington. He is the head of the segment’s Corporate Governance and Activism practice.
In ESG, Mr. Araujo advises companies on ESG management and communications, including benchmarking to best practices and peers, ESG strategy and program development, and stakeholder engagement.
Prior to joining FTI, Mr. Araujo was a Vice President in ISS’ Special Situations Research Group, where he advised on approximately 100 contested situations. His role at ISS focused on providing analysis and voting recommendations on proxy fights for board seats, including Procter & Gamble, Arconic, ADP, General Motors, and Buffalo Wild Wings; as well as contested M&A transactions and hostile takeover attempts, including Broadcom/Qualcomm, Dell Technologies’ conversion into Dell Class C, Cigna/Express Scripts, Rite Aid/Albertsons, PrivateBancorp/CIBC, Ensco/Rowan, EQT/Rice, and Hyundai Mobis/Glovis. He was also responsible for structuring the financial analysis framework that ISS uses to evaluate both contested and uncontested M&A transactions.
Mr. Araujo holds an M.B.A. from The Tuck School of Business at Dartmouth College, M.A. in Marketing from ESPM, and a B.A. in Communication from Catholic University of Salvador. He is also a CFA charterholder.
