HLCONVERGE BLOG

Risk Intelligent Proxy Disclosures — 2013

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In 2013, Deloitte conducted further analysis of board level risk oversight disclosures in proxy statements issued by S&P 200 companies. Similar to our efforts in 2010 and 2011, our analysis of risk-related disclosures in proxy statements was to provide a glimpse into risk oversight and management practices — at least to the extent to which these practices are being disclosed. We also sought to provide insight on how such practices are changing over time.

Our 2013 analysis provides evidence of a steady upward trend in risk-related disclosures. For example, 91% of companies disclosed that the full board is responsible for risk. Furthermore, risk-related disclosures at the management level increased, with high percentages of companies disclosing the establishment of a management-level risk committee.

Organizations strive to achieve and maintain excellence in risk governance and fully tell the story, are taking steps to protect and enhance shareholder value.

Download the full report to learn more about the findings of the 2013 proxy disclosure analysis and to view trends in risk oversight-related disclosures.


Deloitte

“Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, tax and related services to select clients. These firms are members of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). Each DTTL member firm provides services in particular geographic areas and is subject to the laws and professional regulations of the particular country or countries in which it operates.

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