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Sustainable investment report 2022

July 7, 2022

This year we expand on our governance and processes to continually evolve our integration of SI, as well as presenting our first progress update on Net Zero contributions.
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At the board level, cyber presents a dilemma. It’s both critical enough to demand the attention of the board as a whole and specialised enough to require expertise that generalists don’t have. This problem isn’t unique to cyber: delegating specific types of risk to subcommittees could lead to mirroring silos at the board level, countering the board’s need to keep its focus on risks that affect the entire enterprise.

This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? A growing proportion of companies believe in one of two things: that cyber should be overseen by the board or by a cyber-committee. A shrinking or stable proportion says it should be the responsibility of audit, risk or some other subgroup. North American and UK firms were attacked far more than those in other regions. More North American firms characterised the damage from their attacks as serious and more expected another attack in the near future. And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

At the board level, cyber presents a dilemma. It’s both critical enough to demand the attention of the board as a whole and specialised enough to require expertise that generalists don’t have. This problem isn’t unique to cyber: delegating specific types of risk to subcommittees could lead to mirroring silos at the board level, countering the board’s need to keep its focus on risks that affect the entire enterprise.

Left-Peeking Content Quote - Actuaries now spend almost all their time on value-add activities rather than production with automated governance and audit trails

This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? A growing proportion of companies believe in one of two things: that cyber should be overseen by the board or by a cyber-committee. A shrinking or stable proportion says it should be the responsibility of audit, risk or some other subgroup. North American and UK firms were attacked far more than those in other regions. More North American firms characterised the damage from their attacks as serious and more expected another attack in the near future. And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

Left Peeking - Unlock More

About this Survey

This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

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This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? A growing proportion of companies believe in one of two things: that cyber should be overseen by the board or by a cyber-committee. A shrinking or stable proportion says it should be the responsibility of audit, risk or some other subgroup. North American and UK firms were attacked far more than those in other regions. More North American firms characterised the damage from their attacks as serious and more expected another attack in the near future. And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

At the board level, cyber presents a dilemma. It’s both critical enough to demand the attention of the board as a whole and specialised enough to require expertise that generalists don’t have. This problem isn’t unique to cyber: delegating specific types of risk to subcommittees could lead to mirroring silos at the board level, countering the board’s need to keep its focus on risks that affect the entire enterprise.

Left peeking quote - It’s helpful for the CISO to work with a smaller group that becomes more deeply informed.”

Kevin Tran
Global Resource Manager

This dilemma is reflected in the survey results. Executives were asked two questions: who at the board level oversees cyber and who should oversee it? A growing proportion of companies believe in one of two things: that cyber should be overseen by the board or by a cyber-committee. A shrinking or stable proportion says it should be the responsibility of audit, risk or some other subgroup. North American and UK firms were attacked far more than those in other regions. More North American firms characterised the damage from their attacks as serious and more expected another attack in the near future. And far more North American firms also expressed confidence in their capabilities to repair the damage and proceed with business as usual.

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Senior Director, Executive Compensation Practice Leader, Western Europe

Executive Compensation Leader, Northern Europe