A roadmap for managing ESG risks

Fraud examiners don’t need cutting-edge techniques to fight fraud in the burgeoning area of environmental, social and governance (ESG) initiatives. They can simply build on existing tools and guides to mitigate those risks, according to the latest report from the ACFE and Grant Thornton LLP, Managing Fraud Risks in an Evolving ESG Environment.

“Even though these risks are expanding and evolving, we don’t need to recreate the wheel; we just need to add them to our existing risk registers as we work to identify, evaluate and address fraud risks comprehensively,” says Andi McNeal, CFE, ACFE’s vice president of education.