Environmental, Social and Governance : Corporate Governance Support

Policy makers are keenly aware of the positive impact that ESG and good corporate governance can have on financial market stability, the overall economic growth of corporations and the countries in which they operate. Corporations in turn are becoming increasingly aware of how good corporate governance affects their cost of capital, sustainability and competitiveness. All stakeholders, not only shareholders, are becoming more intuitive, more demanding of accountability and more educated as to what good ESG policies and execution entail. 

Corporate services teams in PwC firms across the Caribbean work together with our clients to harness the benefits of good corporate governance. These clients include listed companies, subsidiaries of public companies and private enterprises whose boards and principals understand the value of incorporating evolving ESG international best practices into their operations. Statutory bodies have also sought to reap the benefits of good governance structures. Our services are tailored to the needs of each client.

Legal services

  • Entity formation and licensing

  • Company secretary/registered agent

  • Share registration and transfer agency

  • Corporate restructuring

  • Intellectual property protection

  • Franchises

  • Corporate governance

  • Trust administration

  • Corporate mobility

  • Liquidations and dissolutions

  • Board and shareholder meetings coordination and minutes taking

Good corporate governance is a key element in improving economic efficiency and growth and enhancing investor confidence.

How we can help

Assessment and creation of corporate governance framework

We will assess and benchmark your existing governance practices against international best practices in the Environmental, Social and Governance spaces, and the requirements of current regional codes and guidelines. 

This will allow us to provide an independent assessment of your existing corporate governance framework, providing insight on steps to be taken to build on areas of strength while addressing areas of remediation.

Board and committee evaluations

Board evaluation provides an independent and objective assessment on a board’s performance and its effectiveness. We have developed our approach to reviewing board and committee effectiveness to respond to recommendations of international corporate governance best practices. 

Our approach generally encompasses the following phases:

  • planning and notification;

  • high-level documentation review;

  • questionnaire completion and board member interviews;

  • committee evaluations;

  • director and chairperson assessments; and

  • analysis and reporting.

Director training

Today’s boards have to contend with a host of new pressures, challenges and risks. Directors are increasingly held accountable for their company’s performance, sustainability and growth, especially within the context of a renewed focus on ESG. A board of directors must also set the strategic direction of the company, often across diverse product markets and geographies, while evaluating the performance of the CEO and senior executives, as well as monitoring the entity’s risk profile to ensure sustainability.

Areas typically covered by our board training:

  • ESG and corporate governance best practice;

  • legislative overview;

  • roles and responsibilities of directors and the board;

  • exposure of directors – liabilities and offences;

  • shareholders’ rights; and

  • financial disclosure and reporting requirements.