Publication

Corporate incidents are very likely in today’s highly uncertain environment. Global crises, new business practices, evolving stakeholder expectations and technology give rise to new ways of doing business. This comes with opportunities but also risks.
This paper discusses solutions to reinforce the corporate sector’s resilience by mitigating the risk of corporate incidents. The most effective means for this is through collective learning.

Learning from corporate incidents is already happening. However, this often takes place in silos while lawmakers provide quick fix or makeshift solutions. It is in the public interest to develop better solutions. Only a systemic approach that promotes collective learning can deliver meaningful improvements.

This publication explores a Corporate Resilience Network (CRN), which would provide a multi-stakeholders approach to analysing corporate incidents and draw learning points. The CRN would provide recommendations for systemic improvements based on real-life experience, with input from all corporate ecosystem stakeholders.

Related content

NewsTraining Italian accountants to take up the sustainability challenge

20 March 2023

PublicationDynamics influencing auditor choice in the Public interest entity market

17 March 2023

NewsFinnish auditors gearing up for a comprehensive ESG training

3 March 2023

Consultation responsePCAOB’s consultation on new quality control standard

1 February 2023

NewsCollaboration – the key to high-quality sustainability education framework for accountants

23 January 2023

PublicationKey factors to develop and use audit quality indicators

13 January 2023

PublicationIndependent assurance on ESEF – the block tagging requirement

15 December 2022

NewsJoint statement on the Corporate Sustainability Due Diligence Directive

8 December 2022

EventReducing corporate fraud risk: European perspectives

8 December 2022

PublicationAudit committees’ role in fighting fraud – Recommendations

30 November 2022

PublicationFAQs: all you need to know about the Corporate Sustainability Reporting Directive

23 November 2022

NewsEFRAG SRB issues first set of draft EU Sustainability Reporting Standards

23 November 2022

PublicationComparing European corporate governance models

17 November 2022

NewsNew SRB chair to further European sustainability reporting agenda

16 November 2022

PublicationSustainability education

14 November 2022

NewsEC’s proposal to ban products made using forced labour

28 October 2022

Consultation responseOECD’s consultation on the review of the G20/OECD principles of corporate governance

21 October 2022

EventMembers’ Engagement Day

19 October 2022

NewsEuropean sustainability reporting standards: shaping EU’s green future

22 August 2022

Consultation responseLetter to Commissioner McGuinness on EFRAG’s draft ESRS

29 July 2022

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?