More than 60 risk and ethics executives joined for the first Twin Cities Risk and Values Summit on Friday, April 15. The event was designed to foster conversations focused upon the intersection of risks and ethical values. Invitees included a range of business professionals in risk management, finance, legal, human resources, ethics and compliance, public affairs and corporate responsibility/ sustainability who have responsibility for managing risk.
The morning plenary session, Growing Risks at the Intersection of Business and Society, was led by Daniel Duty, Founder/CEO of Conlego and Former Vice President of Global Affairs and Corporate Social Responsibility from Target Corporation. Duty has stated that one of the fastest growing areas of risk for companies stems from the changing expectations of corporations from key stakeholders. He maintains stakeholders view corporations as citizens, and there are expectations that the corporations engage in the world as responsible and ethical citizens helping to solve the challenges facing our communities, the nation and the world.
Other breakout sessions were led by Torben Juul Andersen, Ph.D., professor, Copenhagen Business School; Kathleen Edmond, JD, CEBC Executive Business Fellow and partner, Robins Kaplan; Ann Hengel, EVP and chief risk officer, Bremer Financial Corporation; and Stephen Zawoyski, US Enterprise Risk Management leader, PwC.
The Summit was the product of a partnership between the Copenhagen Business School (CBS), the Veritas Institute, the Center for Ethical Business Cultures (CEBC) and the 3M Endowed Chair in International Business at the University at St. Thomas.