A “perfect storm” is a particularly bad or critical situation, arising from a number of adverse and unpredictable factors. Savvy organizations recognize the potential disruption and impact that weather-related events, and more broadly ESG risks, can have on their businesses – employee safety, supply chain, sales/revenue, business continuity and more. There is a need for Internal Auditors to understand and have a clear direction on how to identify, measure, report and mitigate ESG related risks.