The impacts on people of climate mitigation and adaptation actions, particularly impacts on people who may be more vulnerable, are often not systematically identified or integrated into enterprise risk management. This is despite the fact that impacts on people, if left unaddressed or poorly addressed, can translate into risks to the business. Strong risk management means identifying and assessing these impacts and fully integrating them into the company's risk management processes, reviewed and updated on a regular cycle informed by ongoing monitoring, feedback from affected stakeholders (including through grievance processes), and changes to the company’s strategic direction. Identifying material risks to workers, communities and consumers before they escalate can help companies to avoid risks to business, such as permitting delays, litigation, and community opposition, that can derail projects. Embedding this into existing risk management processes, including at the enterprise level, ensures these impacts and risks get the same executive attention and resourcing as other material business risks.