5 sustainability risk management PrITI NIGam aND marIEl ramOs, DNv 1.1 Introduction Sustainability is defined by Det Norske Veritas (DNV) as a business approach to achieving long-term value for shareholders and broader stakeholders through responsible environmental, social and governance practices. Sustainability risk management (SRM) is an active process of managing risks and seizing opportunities arising from environmental, social and governance practices, at both strategic and operational levels. This definition ties in with the triple bottom line model, which