JMC leads IIAP sustainability webinar

SGV Consulting Partner and EY ASEAN Consulting Quality Leader Joseph Ian M. Canlas (JMC) facilitated a session on sustainability and climate risk at the Institute of Internal Auditors Philippines (IIAP) Risk Summit on 30 July. Over 100 internal auditors from various companies in the Philippines attended the summit, which aimed to discuss the importance of sustainability and climate change risk considerations in a company’s enterprise risk management (ERM) process.

JMC discussed research-based climate change risks and their related causes and their impact on both a local and global scale. He also explained the possible impact on the economy and gave examples of damage to the environment. He emphasized that companies should consider climate change and sustainability risks in their ERM process and provided examples of how businesses can minimize the effects of the related risks and maximize potential opportunities. He also shared some actions that the Philippine Government and different private companies are taking to address climate change issues.