i.Riskman an ESG Risk Assessment Platform Launched by Tech Mahindra

Tech Mahindra, a prominent provider of digital transformation, consulting, and business re-engineering services, has unveiled i.Riskman. This platform is specifically crafted for ESG (Environmental, Social, and Governance) risk assessment, aiming to enable organizations to recognize, evaluate, and handle climate-related risks. i.Riskman offers a holistic solution for assessing the influence of climate risks on business strategies, financial components, and overall risk exposure.

i.Riskman will serve as a centralized platform for enterprise risk management, offering an automated risk register as a key point of reference for both the risk management committee and the board. Its design prioritizes flexibility, agility, and scalability, ensuring adaptability to evolving and expanding risks. Moreover, the platform will equip Tech Mahindra's clients with real-time analysis, access to the latest climate models, advanced data visualization, and analytics. This comprehensive and automated perspective of the climate-related risk landscape empowers them to effectively manage the financial impact of climate risks with an accuracy of up to 95 percent.

"In today's rapidly changing business environment, climate risks can significantly impact an organization's operations, assets, and supply chain. To help them tackle this challenge, Tech Mahindra is leveraging its sustainability and risk management expertise to offer a solution that transforms data into valuable ESG risk management insights. We are positive that i.Riskman will provide our customers with an overall risk landscape view, allowing them to proactively mitigate climate risks and make informed decisions supporting sustainable growth," said Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra.

The platform is user-friendly and accessible to individuals with diverse levels of expertise and backgrounds within an organization. This promotes transparency and facilitates effective collaboration among stakeholders engaged in the risk management process.