View from the Boardroom
Read an excerpt below from the piece written by Ertharin Cousin for Audit Committe Quarterly Magazine highlighting the role of corporations in addressing the climate crisis and prioritize environmental, social and governance (ESG) considerations to ensure long-term value.
By now, everyone should recognize the mounting science and anecdotal evidence of an accelerating global climate crisis. Yet the role of corporations in addressing our climate challenges is evolving – too often at best unclear and at worst controversial. However, the data clearly suggests that as a function of its risk and oversight responsibilities a public corporation’s board of directors maintains a duty to help management navigate these complicated backwaters, including guiding thoughtful approaches to environmental, social and governance (ESG) considerations – not only in response to societal demands, but more importantly as a means toward proactively ensuring long-term stakeholder value
Click here to read the article in its entirety.