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Month: January 2024

Does no-code revolutionise IT industry?

1.No-Code Movement Overview   – Revolutionised tech industry by simplifying digital product creation.   – Eliminated traditional barriers, making coding skills unnecessary.   – 75% increase in non-coders creating applications due to AI and UI advancements. 2.Career Opportunities and Diversity   – shift from coders to domain experts – No-code…
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How a GRC report look like?

ZD GRC Report – 2023 I. Executive Summary In 2023, ZD continued to strengthen its Governance, Risk, and Compliance (GRC) framework to ensure sustainable operations. This report provides an overview of the key initiatives undertaken, risk management strategies employed, and compliance achievements during the fiscal year. II. Governance 1. Board…
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What are the top ten GRC trends in 2024?

1- AI in GRC AI’s expanding role in GRC for proactive risk management. Government emphasis on AI governance and responsible use. 2- Vendor Risk Management Extend risk focus to third and nth-party risks. Continuous monitoring and quantification essential. 3- Proactive Compliance Surge in financial crime compliance expenses. Shift from reactive…
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What are the risk trends in 2024?

As per the World Economic Forum’s Global Risks Report 2024, here the top ten risk trends in 2024. Extreme Weather (66%): Identified as the top risk trend in 2024, leaders highlight the environmental impact of extreme weather events. It is also ranked second overall in severity for the next two…
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What are the new ESG Jobs in 2024?

Global Trends and Roles LinkedIn’s Global Green Skills Report indicates a 25% increase in green hiring compared to other industries in 2023. ESG-related jobs span various domains, including finance, technology, manufacturing, and consulting. Key ESG job categories include ESG Analysts, Sustainability Managers, Climate Risk Specialists, Ethical Investment Advisors, and CSR…
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What is the SASB’s Role in Risk Assessment?

SASB, founded in 2011, shapes corporate risk assessment by integrating sustainability factors into financial reporting. Provides industry-specific standards for disclosing material, financially relevant information related to environmental, social, and governance (ESG) issues. Comprehensive Understanding of Sustainability Challenges   – SASB’s standards help organizations identify, manage, and communicate financially material ESG…
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Is Google Analytics 4 GDPR-compliant?

Google Analytics 4 and GDPR Compliance Google Analytics is neutral regarding GDPR compliance, leaving the responsibility to users to implement it in accordance with data privacy laws. GA4 Usage and Data Processing GA4 tracks website visitor interactions, processing personally identifiable information (PII) and falls under GDPR scrutiny. Integration with Other…
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What are the ESG Trends in 2024?

Data-Driven Sustainability Continued emphasis on data-driven ESG initiatives. Growing importance of accurate and reliable ESG data for decision-making. Robust Global Frameworks for Transparency Increased acknowledgment of the need for robust global frameworks. Push for accountability and transparency in various industries. Impact Investing Momentum Impact investing gaining popularity across industries and…
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What are the four risks of EU’s AI regulation?

The landscape of artificial intelligence (AI) regulation is evolving, and the European Union (EU) is at the forefront with its groundbreaking EU AI Act. At the core of this comprehensive regulatory framework is a risk-based approach that classifies AI systems into four distinct categories: unacceptable-risk, high-risk, limited-risk, and minimal/no-risk. Let’s…
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Can green hydrogen replace fossil fuels?

    The 2023 United Nations Climate Change Conference (COP28) emphasizes transitioning from fossil fuels, particularly crucial for countries like India with heavy energy imports. Green hydrogen, produced through water electrolysis using renewable energy, is a key solution for energy storage and zero-emission industrial feedstock. Despite hydrogen’s potential, current production…
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