ESG Disclosure Best Practices May Be Emerging
Boards have known for some time that investors want to see ESG progress, but standards for communicating efforts have been lacking. That may be changing.
Boards have known for some time that investors want to see ESG progress, but standards for communicating efforts have been lacking. That may be changing.
Veteran director and former Deloitte CEO Ed Kangas has built a reputation for wrangling with nightmare disruptions and thorny complexity—all while keeping the boardroom drama at bay.
Shareholders give no indication of putting ESG on the back burner. In fact, its significance seems to be rising—and boards need to be ready.
As the unprecedented outbreak of Covid-19 continues to take its toll, the virus may also pose a special strain of threat capable of breaching directors’ duty of loyalty.
Increasing complexity of the rules and regulations, emerging risk and a lack of formal metrics for measuring the effectiveness of compliance programs are all contributing to rising director anxiety.
In order to perform their essential oversight duties, directors need to understand the problems their executives are focused on solving as they chart a course from crisis to recovery.