The Sustainability Board Report aims to showcase different dimensions of good corporate governance and the importance of sustainable corporate leadership. By drawing out best practice and changes over time, it also aims to help organisations learn from their peers and competitors and understand the changing landscape.
The latest 2020 Report shows that, compared to 2019, there has been a significant increase in the number of sustainability board committees across the 100 largest of the Fortune 2000 companies, driven mainly by increases in China.
It also shows that expertise in sustainability and relevant prior experience at the board level tackling these issues is on the rise. Despite seeing incremental increases in overall gender diversity on corporate boards the Report concludes that the pace remains too slow.
The conclusion is that there is often a lack of sufficient sustainability knowledge at board level to address the increasing societal challenges we face, and experts are warning of potential litigation risks.
The Sustainability Board Report is a privately funded not-for-profit project developed by a group of individuals passionate about sustainability leadership. The Report writers believe that business has the ability to drive meaningful change. The spirit of the project is to create an open dialogue with business leaders and their communities.
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