How should risk management be described in SASB disclosures?

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In SASB disclosures, risk management should be described as an integrated approach that ties governance, risk assessment processes, monitoring, internal controls, and mitigation strategies directly to material sustainability topics. This reflects how sustainability risks can affect financial performance, so the disclosure explains who oversees these risks, how they’re identified and evaluated, how they’re monitored over time, what controls are in place, and what actions are taken to mitigate them for topics deemed material. Describing risk management only qualitatively misses the structured processes and the link to material topics; focusing solely on financial risk ignores sustainability topics that could have financial impacts; and listing data governance roles alone omits the broader risk management framework and mitigation strategies tied to material topics.