Risk Management Now an Integral Part of Governance, says Beschloss

The transcript discusses the balance between short-term profitability and long-term company health, emphasizing the role of ESG (Environmental, Social, and Governance) as a brand versus an initiative. It highlights IBM's Smarter Planet initiative, which addressed climate issues and had a positive economic impact. The discussion also covers the proven benefits of cleaner energy sources and the longstanding importance of governance in risk management, noting that companies are increasingly adopting these practices.

What are the potential trade-offs between short-term profitability and long-term health of a company?

How does viewing ESG as a brand differ from viewing it as an initiative?

What examples did the speaker provide to illustrate the economic attractiveness of environmental projects?

In what ways have companies begun to adopt governance practices according to the speaker?

What role does risk management play in the context of governance as discussed in the text?