ESG And Board Oversight: Where To Start?

Not all Boards are yet fully conscious of the need to extend their governance parameters beyond the more "traditional" aspects of governance and to consider ESG oversight, particularly if they have not to date been impacted by the obligatory disclosure rules in the area of ESG. However, independently of whether companies are subject to ESG related regulations or otherwise, there is an expectation on the part of investors and regulators for Boards to address ESG impacts and to incorporate this broader perspective into their strategy and decisions. In practice, therefore Boards should expand their governance remit and start to delve into the various ESG aspects relevant to their entities.