This workshop provides a framework for analyzing the social risk of the firm and tries to find any links that may exist to corporate value. We will examine various attempts to measure social risk and work with social risk data from a leading data provider (Risk Metrics). The costs of adhering to high environmental and social standards can translate to higher operating costs that in turn may place the firm at a competitive disadvantage and lead to lower profitability. On the other hand strong social policies can confer a competitive advantage on the firm by stimulating technological innovations, improving the efficiency of resource use and thereby cutting costs, strengthening a firm’s reputation and brand, and reducing the firm’s operational risk. The workshop will be conducted using both lecture and cases and active student participation is both encouraged and required.