The World Needs to Wake Up to Long-Term Risks
Aylin Elci, Public Engagement, World Economic Forum, +41 75 404 10 95, [email protected]
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics, now an immediate risk according to the Global Risks Report 2021 released today
The COVID-19 pandemic is increasing disparities and social fragmentation, in the next 3-5 years will threaten the economy, and in the next 5-10 years will weaken geopolitical stability
Meanwhile, environmental concerns still top the list in terms of likelihood and impact for the next decade
Read the full report here and find out more about the Global Risks Initiative here. Join the conversation using
World Economic Forum s grim post-Covid warning: Social, economic and geo-political instability
19 Jan, 2021 04:00 PM
3 minutes to read
Social instability a growing risk: University students clash with riot police during a rally in Athens. Photo / AP
Social instability a growing risk: University students clash with riot police during a rally in Athens. Photo / AP
Somewhat unsurprisingly infectious disease has topped the list of short-term risks facing the world in 2021 in the World Economic Forum s annual Global Risks Report. But with that has come a rise in concern about social risks like digital inequality and the erosion of social cohesion.
The Covid-19 pandemic has increased disparities and social fragmentation, the 2021 report concludes.
Marsh & McLennan (NYSE: MMC), the world’s leading expert in risk, strategy and people, today announced two important commitments in the effort to combat climate change. First, the Company has pledged to be carbon neutral in 2021 through the reduction of greenhouse gas emissions in its own operations and the purchase of verifiable offsets. Second, the Company has committed to reduce its carbon emissions by 15% below 2019 levels by the year 2025. The specifics of these commitments will be set out in greater detail in the company’s upcoming 2020 ESG report in March.
“At Marsh & McLennan, we recognize the opportunity, and indeed the obligation, that we have to be good stewards of the environment. We are committed to the principle of responsible capitalism. These climate initiatives represent a tangible step toward building a more sustainable environment for our colleagues, clients, shareholders and future generations,” said Dan Glaser, President and CEO, Marsh & McLennan.
Amalgamated Life’s Dunkin Becomes RIMS President for 2021 January 8, 2021
The risk management society RIMS announced that Ellen R. Dunkin will lead the organization as president for the 2021 term, which began January 1.
Dunkin is the senior vice president, general counsel and chief risk officer for Amalgamated Life Insurance Co. in White Plains, New York. She has more than 25 years of experience driving strategic and enterprise risk management programs, as well as overseeing legal initiatives for companies including Crump Group; Marsh & McLennan Companies and Willkie Farr & Gallagher.
From 1998–2007, Dunkin was employed by RIMS, serving as general counsel and director of Government Affairs. She has been a member of RIMS for nearly 15 years and was actively involved with RIMS New York chapter, serving as its president from 2015 to 2016. Dunkin joined the RIMS global board of directors in 2017. She was also a Spencer Educational Foundation di
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