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The year 2025 laid the groundwork for the converge of risks that challenged traditional enterprise security risk management frameworks, and this trend will continue in 2026 and beyond. Multinational corporations will face unprecedented confluences of risks, driven by state-sponsored competition, multilateral institutional degradation, economic fragmentation, supply-chain disruption, intensifying technological weaponisation, and climate-change related resource scarcity, leading to further volatility, uncertainty, and complexities in the operating environment. If not today, then tomorrow’s risk leaders should fundamentally evolve in how their respective organisations conceptualise, measure, and manage threats to their assets, services, products and people. 

Our Global Risk Outlook 2026 and Beyond examines emerging trends across economic, geopolitical, operational, technological and social domains, mapping these threats to established enterprise risk management frameworks. It is aimed at providing actionable information for those risk leaders representing various business functions across the enterprise.

The core findings are evident: a fundamental change in mindset is necessary to evolve from risk management as a compliance exercise to a critical driver of competitive advantage, organisational resilience, and stakeholder value preservation. Failure to integrate emerging risks into the core organisational strategy will likely expose them to cascading and systemic degradation of financial, operational, reputational, and workforce capital.

This outlook highlights the most consequential emerging risks trends that will shape the environment over the next year and into 2027. It looks at macro-level threats and their respective implications on certain industries such as energy, pharmaceuticals, supply-chain, technology, and critical infrastructure, among others, while aligning analysis to risk management frameworks.

The message is clear: risk management must evolve from a compliance function into a strategic capability.

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