Summary: <a href="https://www.complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200.jpg"></a>By Adam Turteltaub<br> <br> The relationship between ESG and compliance is as of yet not a fully defined one. That’s not surprising given both the newness of ESG and the many similarities between it and compliance.<br> <br> While many see an overlap between the two, <a href="https://www.linkedin.com/in/reginald-youngblood-ccep-isb-cissp-57b5435/">Reginald Youngblood</a>, Associate Vice President Corporate Compliance at AT&T, sees more of an overlay with existing frameworks for managing risks. As with other risk areas, there is a need to look at the financial impact, how often it occurs, the inherent risk and how it affects the business.<br> <br> He also observes that, like compliance, ESG touches an enormous cross section of the enterprise, albeit in a somewhat different way. By becoming involved with ESG the compliance team, he believes, can have more contact with the organization as a whole, address issues in a new way and help define what ESG means to the organization.<br> <br> This approach has enabled the AT&T compliance team to open doors and become an active partner in projects that they never would have been asked to be a part of before. In addition, it has provided compliance with greater visibility into the organization while acting as a bridge between compliance and the business.<br> <br> As a side benefit, the compliance team has also discovered new repositories of data within the firm, enabling it to better assess risk.<br> <br> In the end, he sees the relationship between ESG and compliance as a very happy one with great opportunity, earning compliance a seat at the table while creating greater appreciation for the risk management process and the focus on values and integrity that have long been a staple of compliance programs.<br> <br> Listen in to learn more about how to leverage the relationship with ESG.
