Navigating Sustainability Challenges: The Role of ESG Risk Assessment In today’s interconnected world, environmental, social, and governance (ESG) factors play a critical role in shaping the long-term success and resilience of organizations. As businesses increasingly recognize the importance of sustainability and responsible corporate behavior, they are turning to ESG risk assessment as a strategic tool to identify, evaluate, and manage the risks and opportunities associated with ESG factors.ESG risk assessment is a process that involves evaluating the environmental, social, and governance risks and opportunities that may impact an organization’s performance, reputation, and long-term sustainability.