Socially Conscious Consumer Activism
Deciding what to do when a company is asked to announce its position on polarizing issues will require boards to develop a range of responses.
Deciding what to do when a company is asked to announce its position on polarizing issues will require boards to develop a range of responses.
if the court finds that companies can face significant financial damages for making unfounded claims about human capital management decisions, it will heighten boards’ level of accountability.
Every board and management team should identify which ESG matters are material to their organization and understand how they should be approached and monitored and how to communicate their approach to investors.
The Covid era will cause many boards to enhance their HCM oversight and voluntarily discuss more about their efforts.
Assembling a diverse group of directors is a good start, but it takes strong board leadership to create a culture that embraces it.
As a recent webcast made clear, determining actionable strategies that key stakeholders believe make most companies successful is proving difficult.