ESG risk assessment involves identifying and evaluating risks related to environmental, social, and governance (ESG) factors. This includes assessing potential impacts on operations, reputation, and financial performance. Effective ESG risk assessment supports strategic decision-making and risk management. It enhances transparency and stakeholder trust. Organizations conduct ESG risk assessments to mitigate risks and seize opportunities associated with sustainability. Implementing robust ESG risk assessment processes is essential for long-term resilience and sustainability.