Methods and system for integrating esg risk with enterprise risk

A computerized system useful for automating Risk Identification, Quantification, Benchmarking and Mitigation and a set of Environment, Social and Governance (ESG) controls in an enterprise computer system, comprising:

• at least one processor configured to execute instructions;
• a memory containing instructions when executed on the processor, causes the at least one processor to perform operations that:
• integrate an enterprise security, privacy and compliance system in an enterprise computer system, wherein the enterprise security, privacy and compliance system monitors a set of risk sources in the enterprise computer system by integrating an enterprise security, privacy and compliance system with a set of Risk Program, and Portfolio Management (RPPBM) practices in an enterprise computer system, wherein the enterprise security, privacy and compliance system monitors a set of risk sources in the RPPBM practices;
• obtain a set of Environment, Social and Governance (ESG) controls;
• identify one or more ESG vulnerabilities in the in the RPPBM practices of the enterprise security, privacy and compliance system that are relevant to the ESG controls that pose a threat to the enterprise computer system;
• counter the vulnerabilities in the one or more ESG vulnerabilities by building an ESG capability of the enterprise;
• implement an identification and a weighted scoring of a set of risks associated with each risk source and each ESG vulnerability;
• with a specified machine learning technique, match a set of similar risk inputs with an associated weight, wherein the set of similar risk inputs are similar to the risk sources and each ESG vulnerability, wherein the specified machine learning technique comprises a Recurrent neural network (RNN);
• monitor the relevant enterprise systems for changes in risk levels of each risk source and each ESG vulnerability;
• generate a risk-value number for each risk source and each ESG vulnerability, wherein the risk-value number is used to avoid a subjective understanding of the risk source and each ESG vulnerability;
• and
• with a natural language generation (NLG) functionality, generate a report comprising a snapshot of the data of the risk-value number for each risk source and each ESG vulnerability;
• generate an effect on the computer system of a remediative action of a specified risk source and a specified ESG vulnerability;
• wherein the remediative action comprises the building of the ESG capability of the enterprise;
• graphically display the preview of the effect of system changes from a set of remediative actions for the set of risk sources and each ESG vulnerability in a bubble plot graph with the cost of each of the set of remediative action on a y-axis and a severity of the risk of each risk source and each ESG vulnerability in terms of a its risk value on an x-axis;
• generate and serve a dashboard view of the set of risk-value numbers for each risk source and each ESG vulnerability, wherein the set of risk-value numbers are displayed in a graph;
• and
• train another RNN model to make comparisons with a risk value of a same time period of a previous year in the enterprise computer system, wherein the other RNN model uses the comparisons to detect a risk pattern in an existing pattern in the data of a risk value of the enterprise computer system and detect an anomalies in the risk value number.