As pressure mounts for companies to end business shutdowns and begin operating as close to normal as possible, directors need to be aware of their risk.
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 shareholder concerns about environmental risk grow during the pandemic, boards should expect increased scrutiny and should consider the following strategies for reassuring stakeholders.
It's not clear yet how ISS will implement the guidance, so full disclosure on all decisions made will help boards avoid clashes.