Strategic Governance and Risk Management in The Cement Industry: Insights From Global Perspectives

The cement industry plays a critical role in global infrastructure development but operates within a high-risk, resource-intensive, and environmentally sensitive context. This article explores the intersection of strategic governance and risk management in the global cement sector, highlighting how leading companies are responding to operational, regulatory, environmental, and reputational challenges. Drawing on international practices and frameworks such as ESG standards, COSO ERM, and ISO 31000, the study illustrates how robust governance structures and risk strategies are driving resilience and sustainable value creation. The paper underscores the importance of integrating risk oversight into strategic decision-making. The findings suggest that good governance , stakeholder engagement are becoming essential pillars of modern governance in the cement industry, offering a roadmap for emerging markets to strengthen their sustainability and competitiveness.

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Publication Details

Journal
International Journal of Environmental Sciences
Published
2025-08-15
DOI
https://doi.org/10.64252/y0gebr74
Primary Topic
Risk Management in Financial Firms
Type
article
Field-Weighted Citation Impact
0.00
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article

Strategic Governance and Risk Management in The Cement Industry: Insights From Global Perspectives

Rao Ps, Malay Kumar Paul
International Journal of Environmental Sciences
Risk Management in Financial Firms
article

Strategic Governance and Risk Management in The Cement Industry: Insights From Global Perspectives

Rao Ps, Malay Kumar Paul
article en

Abstract

The cement industry plays a critical role in global infrastructure development but operates within a high-risk, resource-intensive, and environmentally sensitive context. This article explores the intersection of strategic governance and risk management in the global cement sector, highlighting how leading companies are responding to operational, regulatory, environmental, and reputational challenges. Drawing on international practices and frameworks such as ESG standards, COSO ERM, and ISO 31000, the study illustrates how robust governance structures and risk strategies are driving resilience and sustainable value creation. The paper underscores the importance of integrating risk oversight into strategic decision-making. The findings suggest that good governance , stakeholder engagement are becoming essential pillars of modern governance in the cement industry, offering a roadmap for emerging markets to strengthen their sustainability and competitiveness.

International Journal of Environmental Sciences
Openalex Percentile: Top 66%
Risk Management in Financial Firms
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