Environmental, social and governance (ESG) issues are
critical for all boardroom leaders today who are focused on
long-term value creation. The effective management of ESG risks and
opportunities is no longer just about 'doing good'; it is a
key business imperative.
Over the past five years, we have witnessed a significant
expansion of ESG voluntary and mandatory regulation and enforcement
activity at the international and domestic level, particularly with
respect to ESG reporting and disclosure. Stakeholder expectations
with respect to how organisations respond to ESG-related risks and
their contribution to ESG impacts have likewise sharpened.
Boards who do not embrace this new reality risk exposing their
companies, and in some cases themselves, to significant
reputational and financial risk and adverse regulatory action.
Conversely, boards that proactively seek to integrate effective ESG
management into their decision-making will better position their
companies
