“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.
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