Enhancing Board Information and Stakeholder Engagement in the Era of ESG
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Enhancing Board Information and Stakeholder Engagement in the Era of ESG

February 08, 2023 | Report

Boards tend to get too little rather than too much information from management about ESG and stakeholder expectations. Companies are naturally responsive entities, but they shouldn’t just react to the latest pressure from a single stakeholder group; otherwise, the board (as well as investors and others) will wonder who is running the show. It is therefore critical for management to put stakeholder views in the context of the company’s business goals and explain how the response aligns with the firm’s long-term strategy.

Overview and Supplements

The insights in the overview of this report and its supplements are based on 1) findings from discussions with and polls of a 2022 working group of over 240 executives from 137 companies, 2) data provided by data analytics firm ESGAUGE, and 3) a survey of 80+ general counsel and corporate secretaries. 

The publication is divided into five parts:

AUTHORS

MerelSpierings

Senior Researcher, ESG Center
The Conference Board

PaulWashington

President and CEO
Society for Corporate Governance


Roles of the Board in the Era of ESG and Stakeholder Capitalism

Overview and Key Insights

Roles of the Board in the Era of ESG and Stakeholder Capitalism (Supplement 1)

Incorporating ESG and Stakeholder Interests into Board Business Decisions

Roles of the Board in the Era of ESG and Stakeholder Capitalism (Supplement 2)

Optimizing Board Composition, Structure, and Capabilities in the Era of ESG and Stakeholder Capitalism

Roles of the Board in the Era of ESG and Stakeholder Capitalism (Supplement 3)

Enhancing Board Information and Stakeholder Engagement in the Era of ESG and Stakeholder Capitalism

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