The Global Risks Report 2023
Published on Wednesday, January 11, 2023
Montreal - The World Economic Forum (WEF) published the 18th edition of its annual report on international risks, the Global Risks Report 2023. It provides both a long term perspective (10 years) and a short term perspective (2 years) on risks.
According to the report, the top 5 risks within the next 2 years are:
- Cost-of-living crisis
- Natural disasters and extreme weather events
- Geoeconomic confrontation
- Failure to mitigate climate change
- Erosion of social cohesion and societal polarization
Different organizations may be impacted very differently by these global risks over the next 2 years depending on their activities and business sector.
Whether you are a director, an executive or a manager, you may be wondering if your company is exposed to these global risks or other potential events. And if so, are you and your organization ready to face these challenges?
Should you need advice on the appropriate risk governance and enterprise risk management approach for your organization, please contact us.
Baldwin Global is an independent advisory group offering professional services, education and training in risk governance and enterprise risk management. We help our clients’ boards of directors and management teams attain their objectives by embedding sound risk oversight and management practices into their decision-making process to have a significant positive impact on their business.