More companies are employing mature enterprise risk management practices to enhance organisational value and resiliency, according to Aon's 2010 Global Enterprise Risk Management (ERM) Survey.

The report, which was released last week, revealed that 62 percent of respondents said they had progressed beyond basic ERM practices, compared with 38 percent of those surveyed in 2007 - a clear indication that companies are integrating risk management processes beyond senior management and developing more transparent relationships with key stakeholders like shareholders, customers, vendors and employees.

The number of respondents with advanced ERM programs has more then doubled during the same period from three percent to seven percent. These results point to the fact that ERM is being used to drive bottom line results.