Trends Report

Russia’s Invasion Of Ukraine Heralds A New Era Of Global Risk

Companies Must Continuously Reassess The Impact Of Geopolitics On Enterprise Risk — Now

March 22nd, 2022
Alla Valente, Senior Analyst
Alla Valente Senior Analyst
Oliwia Berdak, VP, Research Director
Oliwia Berdak VP, Research Director
Heidi Shey, Principal Analyst
Heidi Shey Principal Analyst
Jess Burn, Principal Analyst
Jess Burn Principal Analyst
Amy DeMartine, VP, Research Director
Amy DeMartine VP, Research Director
Jinan Budge, VP, Principal Analyst
Jinan Budge VP, Principal Analyst
Mike Proulx, VP, Research Director
Mike Proulx VP, Research Director
Ian Bruce, VP, Principal Analyst
Ian Bruce VP, Principal Analyst
Renee Murphy, null
Renee Murphy
Ryan Skinner, null
Ryan Skinner
With contributors:
Stephanie Balaouras , Sandy Carielli , Kelsey Chickering , Nancy Maluso , Isabelle Raposo , Peggy Dostie

Summary

As COVID-19 transitioned to endemic and countries reopened, anyone hoping for a reprieve from a global crisis had their hopes dashed on February 24, 2022, when Russia invaded Ukraine. Almost immediately, the United Nations Security Council was in session, and the US and Europe imposed the first tier of sanctions. Now, all firms will urgently need to reevaluate geopolitical risk in their business context and incorporate the impact of the war and all its downstream effects in a permanently changed risk landscape. In this report, we identify the most disruptive changes to the risk landscape and tell you what to do about them.

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