Elaine has more than 2 decades of international executive experience with a focus on technology, sustainable development, public affairs and corporate development. She spent 20 years at Ericsson, where she was SVP and Chief Sustainability and Public Affairs Officer and a member of the Executive Team. Elaine has advised numerous companies on sustainability, and she is on the boards of Sweco and Azelio. She is a Founder of the AI Sustainability Center.
A good way to help prevent crisis situations is to monitor, manage and mitigate the risks that can create a crisis. Unfortunately, managing systemic risks ranked last on a list of 22 metrics in a new survey of where companies concentrate efforts to report their compliance with ESG.
Classic risk management typically focuses on aspects such as business continuity, currency fluctuations, supply constraints and compliance. Having a broader, 360 [degree] view is vital to earn stakeholder trust—without it, companies risk damage to their brand, their license to operate, or worse yet, in some cases severe fines.