ORX News top 5 operational risk losses of January 2023 and a focus on the S for Social in ESG

In this episode of the ORX Operational Risk Podcast, the ORX News team take a look at the five largest operational risk losses of January 2023 and, in recognition of International Women’s Day on 8th March, focus on the S for Social in ESG (Environmental, Social and Governance) by looking at materialised losses stemming from gender discrimination and sexual harassment in the workplace. They also give a brief look into which controls may have failed and ultimately led to regulatory fines and settlements from the recently published ORX Reference Control Library.

You can find the top 5 operational risk losses discussed in this episode, along with all previous top 5s, on our website at: https://managingrisktogether.orx.org/orx-news/top-5-orx-news-losses-q1-2023

You can also find out more about the ORX Reference Control Library and how to purchase it here:  https://managingrisktogether.orx.org/insights-resources/orx-reference-control-library

ORX News subscribers can read more on the ESG stories covered in this episode via the ORX News website at: https://news.orx.org/node/11271 and https://news.orx.org/node/11354

Please note that we have another episode of the ORX Operational Risk Podcast being released for this month, which focuses on our recent guide on how to manage Cyber risk scenarios – so keep a look out for this!

To find out more about ORX News, ORX Membership, and access other operational risk resources, just search ‘ORX’ or visit: https://managingrisktogether.orx.org/