Nordic Risk Report: Risk Ready?

The risk landscape is ever changing. The specific risks that corporations face are not only changing, but the rate of the change is also increasing with new risks emerging constantly.

Nordic Risk Report 2021

The risk landscape is ever changing. The specific risks that corporations face are not only changing, but the rate of the change is also increasing with new risks emerging constantly. Operating in such an environment requires adaptability, flexibility and resilience as well as updated insights into the upcoming challenges.

This special Marsh report, Nordic Risk Report: Risk Ready?, presents the top 10 risks mentioned by Nordic companies in their 2020 annual reports. The study includes Danish, Finnish, Norwegian, and Swedish listed large cap companies and provides insights into the top risks reported in various industries and in each Nordic country. A few highlights are:

  • Health, safety environmental (HSE) and sustainability risk ranked second after financial risk among listed Nordic companies in 2020, showing that HSE and sustainability is high on the corporate agenda.
  • 62% ranked regulatory risk as the second highest risk, showing that compliance and regulatory requirements continue to be top of mind.
  • 61% ranked cyber risk as the third highest non-financial risk in line with the high general threat from cyber events.

Risk awareness in the Nordic corporations is generally high. However, the global risk scene is ever changing, making it important for Nordic companies to remain agile and focused on risk management.

Get insights to the risk landscape of Nordic large cap companies by downloading the report.