In addition to the business and context related risks that many companies monitor and seek to mitigate, there are also background global risks and existential threats that could have catastrophic consequences for societies and social and economic systems.
Read moreIn the realm of effective governance, the interplay between intent and compliance is a critical consideration. Leadership plays a pivotal role in determining the balance between these two elements, and the success of any organisation often hinges on how well it navigates this delicate equilibrium.
Read moreWhat is Governance?
Governance has been defined to refer to structures and processes that are designed to ensure accountability, transparency, responsiveness, rule of law, stability, equity and inclusiveness, empowerment, and broad-based participation.
Read moreSometimes there is too much oversight, and there is a question of whether it impinges on the autonomy of the boards, so we have to constantly maintain a balance in operational and financial autonomy.
Read moreDirectors and boards vary in their interpretation of ESG aspirations, requirements and considerations, the priority they attach to them, and in their assessments of their importance to investors and other stakeholders. Some take...
Read moreAt the Muthoot Group, we are adopting more measures to act on our ESG goals and embedding it across our business operations. We need to acknowledge the need for sustainable innovations that will minimise the environmental impact.
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