The conversation focused on various regulations and directives related to ESG (Environmental, Social, and Governance) factors in vendor management programs. Speakers discussed the German Supply Chain Act, EU's Corporate Sustainability Due Diligence Directive, and ESG ratings, highlighting their significance in ensuring ethical and sustainable practices. They also discussed the potential impact of recent Supreme Court decisions on ESG regulations and the evolving nature of third-party risk management in the face of climate change. The speakers emphasized the importance of staying abreast of changes in the insurance industry and incorporating insurance reviews into third-party risk programs to mitigate potential risks. Thank you to our guest speakers, including Justin Libucki, ESG Risk Analyst, SEI Investments, and Jennifer Hancock, Senior Advisor, Shared Assessments.
