Page 644 - COSO Guidance

Acknowledgements

• We would like to thank the representatives from the following companies that participated in the interviews,
surveys and workshops that influenced this publication:

- Aditya Birla Group - Institute and Faculty of Actuaries (IFoA)
- Akipeo Inc. - Insurance Institute of Switzerland (IIS)
- CLP Holdings Limited (CLP) - Mitsubishi Corporation
a
- The Dow Chemical Company - Monsanto Company
- Eastman Chemical Company - Nestlé S.A.
- EDP - Energias de Portugal, S.A - NYU Stern, Center for Sustainable Business
- Eni S.p.A. - Olam International Ltd.
- Environmental Resources - Royal Philips N.V.
Management Limited (ERM) - Saudi Basic Industries Corp. (SABIC)
- Eskom SA - Siam Cement Group Public
- Givaudan International SA Company Limited (SCG)
- Hankook Tire Co. Ltd. - State Street Global Advisors (SSGA)
- Hitachi Ltd. - Stora Enso
- Infosys Limited - Sumitomo Chemical Company Ltd.

• Representatives from the WBCSD member companies that participated in the risk management sessions at
the Liaison Delegate meetings in Montreux, Switzerland (April 2017) and Mexico City (October 2017)

• Sergio Analco | Branding + Design for his work on the design and production of this document

About the World Business Council for Sustainable Development (WBCSD)
The World Business Council for Sustainable Development (WBCSD) is a global, CEO-led organization of
over 200 leading businesses working together to accelerate the transition to a sustainable world. We help
make our member companies more successful and sustainable by focusing on the maximum positive impact
for shareholders, the environment and societies. Our member companies come from all business sectors
and all major economies, representing a combined revenue of more than USD$8.5 trillion and with 19 million
employees. Our Global Network of almost 70 national business councils gives our members unparalleled reach
across the globe. WBCSD is uniquely positioned to work with member companies along and across value
chains to deliver high-impact business solutions to the most challenging sustainability issues. wbcsd.org

About the Committee of Sponsoring Organizations of the Treadway
Commission (COSO)

This project was supported by the COSO, which is dedicated to providing thought leadership through the
development of comprehensive frameworks and guidance on enterprise risk management, internal control
and fraud deterrence designed to improve organizational performance and governance and to reduce the
extent of fraud in organizations. COSO is private sector initiative, jointly sponsored and funded by:
• American Accounting Association (AAA)
• American Institute of CPAs (AICPA)
• Financial Executives International (FEI)
• Institute of Management Accountants (IMA)
• The Institute of Internal Auditors (IIA)

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services
we deliver help build trust and confidence in the capital markets and in economies the world over. We develop
outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a
critical role in building a better working world for our people, for our clients and for our communities. EY refers
to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited,
each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee,
does not provide services to clients. For more information about our organization, please visit ey.com.

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a Monsanto Company was acquired by Bayer AG on June 7, 2018, and is now an indirect wholly-owned subsidiary of Bayer AG.
Enterprise Risk Management | Applying enterprise risk management to environmental, social and governance-related risks • October 2018 97