For some, the term ESG (environmental, social, and governance) still conjures notions of issues not linked to the financial performance of the company. But given the heightened focus from a variety of stakeholders (including regulators) and the growing understanding of its impact on performance, ESG is a critical topic in the boardroom.
We bring to life our In the loop that analyzes climate disclosures in the most recent annual SEC filings from the S&P 100.
Boards need to ask whether management is setting the right priorities, making the right promises to stakeholders and keeping their promises around ESG.
When it comes to ESG, the stakes are rising—as are the growth opportunities. The conversation isn’t new, it’s expanding. ESG oversight is about more than checking a box. It’s about creating sustainable advantage and value. To do that, your board needs to see the full picture.
The pursuit of diversity isn’t just about doing the right thing. A diverse, inclusive workforce helps drive better outcomes. With the culture of your organization and the ability to attract top talent at stake, boards need to take an active role in overseeing D&I initiatives. Our dashboard and insights provide practical steps boards can take.
Institutional shareholders have long been clamoring for greater disclosure around companies’ climate risk and footprint. And corporate directors increasingly believe that climate change should play a role in forming corporate strategy.That’s a good thing. Because with the White House putting climate risk front and center, boards will need to do even more.
Maria Moats, PwC Governance Insights Center Leader and Mitra Best, PwC Technology Impact Leader discuss what boards need to know about how emerging technologies can help companies address ESG challenges.