Webinar: Environmental Risk: Aligning Effort to Create Value and Mitigate Hidden Risks

6/4/2019 2:00 PM
6/4/2019 3:00 PM
Eastern Time (ET)
4/16/2025 12:00 AM

Registration will close 24 hours prior to the beginning of the webinar start time listed.

​Environmental risk touches many parts of many organizations – some obvious, some not. The emphasis on U.S. EPA enforcement is less than it was two years ago – but this is only one of many environmental risks that can affect an organization, for worse or for better. This webinar will illustrate how common risk management principles can be applied to environmental risk, providing a more solid basis for mitigation measures and auditing programs. The webinar will consider a life cycle approach, and how mitigation measures can be revised to be more effective and efficient. The webinar will also consider the upside of risk – also known as “opportunity”!

Learning Objectives

  • Learn how environmental risk aligns with common Enterprise Risk Management (ERM) frameworks;
  • Understand how even simple applications of ERM can identify environmental risk in an organization’s supply chain, operations, and market;
  • See how external reporting frameworks pose risk and opportunity;
  • Learn ways that the 2LOD and 3LOD functions can be more efficient and effective.

Speaker

Douglas HilemanDouglas Hileman, CRMA, CPEA, FSA
President Douglas Hileman Consulting LLC

Douglas Hileman has experience in four “Lines of Defense”, according to a global model of compliance and risk management: Operations and Corporate Compliance (first Line of Defense – 1LOD); auditing of environmental, safety, sustainability, and supply chain risk (2LOD); Internal Audit (3LOD); and supporting external financial audits, as well as leading Independent Private Sector Audits (IPSAs) for the SEC’s conflict minerals rule (4LOD). He has also led efforts on environmental auditing for negotiated civil and criminal enforcement instruments (with the U.S. Department of Justice) on a multi-national matter. He is a prolific writer on non-financial reporting, risk management, environmental, and sustainability. He focuses on systems, controls, auditing, risk management – and environmental fraud. He has co-authored several pieces of supplemental guidance for the Institute of Internal Auditors (IIA), including a Practice Advisory on fraud in engagement planning. He authored the first piece on environmental fraud in the BNA Environmental Reporter. He has presented on risks, and potential fraud, in non-financial reporting to several chapters of the Institute of Internal Auditors. He conducted an industry survey on performance metrics for environmental auditing programs, and authored a publication for the IIA’s Environmental, Health & Safety Audit Center. Prior to launching his firm in 2008, Mr. Hileman worked at a Big 4 accounting firm for six years, supporting financial audits, enterprise risk management, internal audit and the Sustainable Business Solutions practice. Mr. Hileman holds credentials as a Certified Risk Management Assurance (CRMA) professional, a Certified Professional EHS Auditor (both administered by The Institute of Internal Auditors) and Fundamentals in Sustainability Accounting (administered by the Sustainability Accounting Standards Board). He served as the co-chair of programming for the 2019 International Conference in Southern California.

Event Information

Course Duration: 60 Minutes
CPE Hours: 1
Knowledge Level: Basic
Field of Study: Specialized Knowledge
Prerequisites:

​None

Advance Preparation:

​None

Delivery Method: Group Internet based
Webinar
 

The IIA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Registration will close 24 hours prior to the beginning of the webinar start time listed.