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Aysha

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What is the difference among major ESG Standards?

1. GRI (Global Reporting Initiative)     – Scope: Comprehensive, covering economic, environmental, and social aspects.     – Location: Global, widely used internationally. 2. SASB (Sustainability Accounting Standards Board)     – Scope: Industry-specific, focusing on financially material sustainability factors.     – Location: Primarily U.S.-focused but gaining international…
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How can Machine Learning assess risk?

Objective – Analyze transactions in a general data table, categorizing anomalies into low, medium, and high risk. – Dataset includes various transactions within the timeframe (DD/MM/YYYY to DD/MM/YYYY). – Apply both supervised and unsupervised machine learning (ML) commands using ACL Analytics. Scope – General data table encompasses all transactions. –…
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Is there any overlap between GRC and ESG?

Excited to explore the fascinating overlap between Governance, Risk, and Compliance (GRC) and Environmental, Social, and Governance (ESG) in today’s dynamic business landscape! GRC traditionally focuses on robust internal controls, risk management, and compliance with legal standards, ensuring the foundation for a resilient organization. On the flip side, ESG embraces…
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How to Audit Smart Contracts of a blockchain?

Smart contracts have become an integral part of blockchain technology, offering automated and decentralized execution of agreements. However, ensuring the security of these self-executing contracts is paramount. In this post, we’ll delve into the process of auditing smart contracts to identify and mitigate potential vulnerabilities. Introduction to Smart Contracts and…
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Do professors teach to document or document to teach?

 Challenges in Higher Education   – Quality assurance and compliance with accreditation standards pose significant challenges.   – Educators often face a dilemma: prioritize teaching or spend time on meticulous documentation. The Traditional Dilemma   – Professors struggle to balance pedagogical and administrative demands.   – Compromises are made, impacting…
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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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