An effective risk management strategy set up and planned with risk management documentation is key. Even a simple risk scoring policy that allows risk to be prioritised is better than nothing. Ensuring that the correct level and fidelity of data made available to enable change greatly assists with the management and understanding of risk. Telematics as the enabler allows the change team to view and assess a number of business areas (part two) simultaneously to identify areas for improvement, whilst being able to manage the people within the change process with real time information.
Kempf: With respect to litigation risks in companies’ voluntary CSR reporting, investor and consumer plaintiffs are becoming sophisticated in the legal claims they have been asserting, taking square aim at companies’ CSR statements. What we are seeing in investor and consumer class actions is that plaintiffs are litigating their alleged reliance on sustainability communications, whether they are made through CSR reports, press releases or other voluntary means. Plaintiffs are claiming that they relied on those communications when making an investment or a purchasing decision.
Fifth , if you are a blogger or social media user who reviews or otherwise writes about products and services, the Federal Trade Commission has issued " Guides Concerning the Use of Endorsements and Testimonials in Advertising " that may impose disclosure requirements on you. These guidelines require that you disclose "material connections" you may have with a company whose products or services you "endorse." Without the legal jargon, this means that bloggers and social media users must disclose their relationship with a company when they are being paid or otherwise compensated by the company to comment favorably on its products or services. We cover these requirements in the section on Publishing Product or Service Endorsements .