ESG Alert: The Roles of the Board in the Era of ESG and Stakeholder Capitalism, COVID-19 Year Three and the Path Toward a Resilient and Equitable Reco
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ESG Alert: The Roles of the Board in the Era of ESG and Stakeholder Capitalism, COVID-19 Year Three and the Path Toward a Resilient and Equitable Reco

June 10, 2022 | Newsletters & Alerts

   

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

On May 19th, we kicked off a new Working Group on the evolving roles of the board of directors as companies navigate two fundamental and related shifts: the broader focus on ESG issues and the simultaneous shift to a multi-stakeholder form of capitalism.

We are planning to publish a report capturing the insights from all four Chatham House Rule discussions later in the year. In the meantime, here are just a few key insights from the first session:

  • ESG and stakeholder capitalism both are expected to have a significant impact on boards over the next five years (respectively 78 percent and 70 percent of survey respondents believe so), but the effect of ESG is likely to be more durable (according to 72 percent of respondents) than stakeholder capitalism (55 percent).
  • The "what" is having a bigger i

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