Resilient IT Governance

nvrnmntl, scl, nd gvrnnc (SG) s shrthnd fr n nvstng prncpl tht prrtzs nvrnmntl sss, scl sss, nd crprt gvrnnc. nvstng wth SG cnsdrtns s smtms rfrrd t s rspnsbl nvstng r, n mr prctv css, mpct nvstng. Th trm SG frst cm t prmnnc n 2004 rprt ttld "Wh Crs Wns", whch ws jnt nttv f fnncl nstttns t th nvttn f th ntd Ntns (N). By 2023, th SG mvmnt hd grwn frm N crprt scl rspnsblty nttv nt glbl phnmnn rprsntng mr thn S$30 trlln n ssts ndr mngmnt. Crtcsms f SG vry dpndng n vwpnt nd r f fcs. Ths rs ncld dt qlty nd lck f stndrdztn; vlvng rgltn nd pltcs; grnwshng; nd vrty n th dfntn nd ssssmnt f scl gd. Sm crtcs rg tht SG srvs s d fct xtnsn f gvrnmntl rgltn, wth lrg nvstmnt frms lk BlckRck mpsng SG stndrds tht gvrnmnts cnnt r d nt drctly lgslt. Ths hs ld t ccstns tht SG crts mchnsm fr nflncng mrkts nd crprt bhvr wtht dmcrtc vrsght, rsng cncrns bt ccntblty nd vrrch.