Why should U.S. board directors follow the news and conversations around the various energy and climate-related proposals being advanced by today’s “Green New Deal” activists?
Boards are increasingly expected to ensure that the corporations they direct are not only profitable but sustainable, not only compliant but ethical. What do you need to know to ensure a culture of ethical decision-making at all levels of the corporation?
ESG, the proposed Accountable Capitalism Act, state-issued board diversity quotas, and continued pressure from institutional investors—these things will continue to shape board discussions and composition in 2019
While companies such as Shell should be commended for taking active steps to link executive pay to ESG and CSR targets, there are a number of important considerations that need to be addressed carefully going forward by boards and other stakeholders.