2022 GLOBAL ESG, COMPLIANCE & RISK REPORT Value creation amid rising global uncertaintyJEANNE KWONG BICKFORDMANAGING DIRECTOR AND SENIOR PARTNERBICKFORD.JEANNE@BCG.COMDR. KATHARINA HEFTERMANAGING DIRECTOR AND PARTNERHEFTER.KATHARINA@BCG.COMPIERRE ROUSSELMANAGING DIRECTOR AND PARTNERROUSSEL.PIERRE@BCG.COMMATTEO COPPOLAMANAGING DIRECTOR AND SENIOR PARTNERCOPPOLA.MATTEO@BCG.COMPAUL O’ROURKEMANAGING DIRECTOR AND PARTNERO’ROURKE.PAUL@BCG.COMJULIANE BUTTERSPROJECTLEADERBUTTERS.JULIANE@BCG.COMKEN CARLSTEDTASSOCIATE DIRECTOR, GLOBAL TRADE & INVESTMENTCARLSTEDT.KEN@BCG.COMELISABETH BENAZIR LIPPERTSENIOR KNOWLEDGE ANALYST LIPPERT.ELISABETH@BCG.COMNICOLA NICOLMANAGING DIRECTOR AND PARTNER NICOL.NICOLA@BCG.COMLORENZO FANTINIMANAGING DIRECTOR AND PARTNER FANTINI.LORENZO@BCG.COMHANJO SEIBERTMANAGING DIRECTOR AND PARTNER SEIBERT.HANJO@BCG.COMDR. BERNHARD GEHRAMANAGING DIRECTOR AND SENIOR PARTNERGEHRA.BERNHARD@BCG.COMDR. JULIA GEBHARDT MANAGING DIRECTOR AND PARTNERGEBHARDT.JULIA@BCG.COMREI TANAKAMANAGING DIRECTOR AND PARTNERTANAKA.REI@BCG.COMTAD ROSELUNDMANAGING DIRECTOR AND SENIOR PARTNER ROSELUND.TAD@BCG.COMJANNIK LEIENDECKERPARTNER AND ASSOCIATE DIRECTORLEIENDECKER.JANNIK@BCG.COM0302THE AUTHORSThe global regulatory environment has grown increasingly complex, and now spans a far broader range of issues than in the past. Compliance functions have been heavily affected as a consequence. They must deal with multiple growing challenges, such as sanctions and trade compliance and supply chain risks, as well as a general rise in regulation and regulatory enforcement, especially in the environmental, social and governance (ESG) area. To compound matters further, the pace of change will only accelerate in a highly networked and digitized world. However, this new world should not only be seen as a cha...
