The Conference Board ESG Center recently published a study looking at the role of the CEO in driving ESG, particularly in 3 key areas – the marketplace, the workplace and the public space.
According to the survey, 72 percent of companies believe ESG issues will have a significant and durable impact on boards over the next five years. Paul Washington, Executive Director of The Conference Board ESG Center, shares some of the implications for boards.
- How (if at all) does this era of ESG and stakeholder capitalism shift the line between the roles of board and management?
- What are some of the biggest challenges that CEOs face in addressing ESG issues with their board?
- How can boards look beyond the traditional “materiality” assessment to put ESG in a more forward-looking strategic context?
- What is one action item that directors should take to their next board meeting?