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Aysha

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How is “G” (Governance) in the ESG score calculated?

More detailed Scenario Here is a scenario of ZD Corporation Introduction: In line with the principles of Environmental, Social, and Governance (ESG) sustainability, ZD Corporation acknowledges the vital role of robust governance practices in driving sustainable business growth and fostering stakeholder trust. This report offers a comprehensive analysis of ZD’s…
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How is “E” (Environmental) in the ESG score calculated?

Here is a scenario of ZD Corporation Executive Summary: ZD Corporation is committed to environmental sustainability across its operations. The company has implemented various initiatives to address key environmental challenges and mitigate its impact on the planet. This report provides a comprehensive overview of ZD Corporation’s sustainability performance, covering areas…
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How are ESG Scores calculated?

A Simplified Explanation   Introduction: ESG (Environmental, Social, and Governance) scores evaluate a company’s sustainability and ethical performance. Let’s delve into a simplified example of how these scores are calculated.   Environmental Score (E): Components: Carbon emissions, water usage, renewable energy. Example: Carbon emissions: 30/50, Water usage: 15/25, Renewable energy:…
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How to Format a Risk Register?

A risk register is a fundamental tool in project management and risk management processes. It serves as a centralized repository for identifying, assessing, and managing risks throughout the project lifecycle. Proper formatting of a risk register is crucial for clarity, transparency, and effective risk management. In this guide, we’ll outline…
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What do joins signify in fraud detection and audit?

In the realm of fraud detection and audit, data analysis plays a pivotal role in uncovering irregularities, anomalies, and potential instances of fraudulent activity within an organization. One of the fundamental techniques used in data analysis, particularly when dealing with large datasets, is table joins. Understanding the meaning and application…
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Is Reputation a Risk or Consequence?

1. Reputation: A Dual Nature   – In business and personal realms, reputation is a crucial asset, reflecting character, integrity, and trustworthiness.   – However, is reputation primarily a risk to manage proactively, or a consequence to handle reactively? The answer lies in its dual nature. 2. Proactive Management: Reputation…
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How can we mitigate reputation risk?

Understanding Reputation Risk: – Reputation risk involves the potential harm to a company’s reputation from various sources such as operational issues, social media, leadership actions, and environmental concerns. • Impact of Reputation Risk: – Loss of trust and credibility, financial losses, legal and regulatory scrutiny, and challenges in talent acquisition…
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How to apply Digital Transformation for Internal Audit Department

Advanced Analytics and Data Mining: Utilize data analytics and advanced techniques like machine learning to identify patterns, anomalies, and risks effectively. Continuous Monitoring and Auditing: Implement real-time monitoring of key risk indicators and control processes for proactive risk management. Robotic Process Automation (RPA):  Automate repetitive audit tasks such as data…
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How does Generative AI work?

Foundations of Generative AI   – Generative Artificial Intelligence relies on algorithms like Generative Adversarial Networks (GANs), comprising a generator and a discriminator.   – GANs were introduced in 2014 by Ian Goodfellow and colleagues, with the generator creating new data instances resembling the training data, while the discriminator distinguishes…
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