Inaugural DCRO Exemplar Award Honorees Announced, Excellence in Risk Governance Recognized

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International recognition of the accomplishments and contributions of ten individuals and eight companies - each an exemplar in their dedication to advancing the best in risk governance practices and the connection between better governance and value creation.

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“The advancement of risk governance practices since the time that the DCRO was founded ten years ago have been important and were very positively impacted by the leadership of these individuals and companies in their practices,” said David R. Koenig, founder of the DCRO

The Directors and Chief Risk Officers group (“the DCRO”) announced today that it has recognized the accomplishments and contributions of ten individuals and eight companies - each an exemplar in their dedication to advancing the best in risk governance practices and the connection between better governance and value creation.

DCRO Exemplar Award honorees were chosen based on the key areas of Integrity, Innovation, Leadership, and Service with corporate honorees being recognized for a long history of, or positive and important changes to, their governance and sustainability practices.

“The advancement of risk governance practices since the time that the DCRO was founded ten years ago have been important and were very positively impacted by the leadership of these individuals and companies in their practices,” said David R. Koenig, founder of the DCRO. “We’re pleased to honor them and hope that their work will inspire others to innovate and adopt best practices in this area as well.”

Environmental, Social, and Governance (ESG) factors, Sustainability, shareholder rights, and robust engagement of stakeholders have grown in importance to the boards of directors at publicly traded companies. Investors, regulators, many other interested parties have come to expect adoption of best practices in governing the risks that organizations take. And, successfully realizing the link between good governance and the creation of value at companies requires integrity, innovation, leadership, and service.

Named as individual DCRO Exemplar Award Winners are:

  •     Andrea Bonime-Blanc
  •     Martin M. Coyne II
  •     Knut Kjær
  •     James Lam
  •     Jon Lukomnik
  •     James McRitchie
  •     Richard L. Sandor
  •     Anne Sheehan
  •     Anne Simpson
  •     Ann Yerger

Names as corporate DCRO Exemplar Award Winners are:

  •     Best Buy Co., Inc.
  •     Ecolab Inc.
  •     Givaudan
  •     Hasbro, Inc.
  •     Herman Miller, Inc.
  •     Ingersoll-Rand plc
  •     Itron, Inc.
  •     The Tata Power Company Limited

The DCRO Exemplar Awards are supported by leading innovators in risk and governance evaluation, TruValue Labs and The Governance Fund. More information on the evaluation criteria, the awards, and honoree biographies can be found at http://www.dcro.org/awards.

About the Directors and Chief Risk Officers group - The DCRO is an informal network of more than 2,000 board directors, chief risk officers, and other c-level executives from over 115 countries, whose work involves the governance of risk-taking. Group members develop and share best practices around risk governance across industries and geographical regions. At the core of DCRO work are a series of Guiding Principles developed by collective effort of DCRO Governance Councils. For information about the DCRO, please visit http://www.dcro.org or contact us at info(at)dcro(dot)org or +1-917-338-6631.

About TruValue Labs - TruValue Labs is the first company to apply artificial intelligence (AI) to uncover timely Environmental, Social, and Governance (ESG) and other intangible risks from unstructured data. Clients use our flagship product, Insight360, to conduct in-depth risk research, monitor companies via daily alerts, compare ESG performance to peers and to identify the risks in their client, investment, or supplier portfolios. For information about our products, please visit http://www.truvaluelabs.com or contact us at http://www.truvaluelabs.com/contact.

About The Governance Fund® - The Governance Fund® is a private initiative to foster the better governance, understanding, and use of risk in the pursuit of value creation. It offers services for investors like Sustainable Value Grades®, Portfolio Shaping, target company engagement and expert analysis on risk governance infrastructure. For boards of directors, its work includes best practice reviews, Qualified Risk Director® search and activist mediation and engagement. For more information about our work, please visit http://www.thegovfund.com, or contact us at info(at)thegovfund(dot)com or +1-612-286-1776.

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