Article: Why ESG is the biggest challenge facing boards right now Written by Emma Molloy Wednesday 24 August 2022 Share Share to LinkedIn Share to Facebook Share via email Boards know that ESG is important. Now they need to set clear definitions and metrics, stay alert to regulatory change and upskill leaders “In the future, ESG will be a metric by which we can judge whether boards are doing well,” Nayantara Bali – a business owner and leader with decades of experience at Procter & Gamble, as well as on a number of boards across the Asia-Pacific region – told the Financial Times in 2021. A year on, her words still ring true; ESG (the considerations around environmental, social and corporate governance) is top of the agenda of the public, governments – and boards. With both internal and external stakeholders demanding action on sustainable business practices, it’s impossible for any leader to ignore the ESG debate. With this in mind, CMI hosted a special CMI Companions peer learning session to air the debate further. What became clear is that ESG poses a number of significant challenges for boards. Here are some of the highlights from the discussion. Want to discover the key challenges that leaders must overcome? Login or register below for Free Instant Access Login If you are already registered as a CMI Friend, Subscriber or Member, just login to view this article. Confirm your registration Login below to confirm your details and access this article. Sign in with email Email remember me remember Forget? Please confirm that you want to switch off the "Sign in with email" remember me feature. Yes No Register for Free Access Not yet a Member, Subscriber or Friend? Register as a CMI Friend for free, and get access to this and many other exclusive resources, as well as weekly updates straight to your inbox. You have successfully registered As a CMI Friend, you now have access to whole range of CMI Friendship benefits. Please login to the left to confirm your registration and access the article. Article Our extensive range of articles are designed to keep you in the loop with all the latest management and leadership best practice, research and news. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.