Building effective ESG governance

More and more companies are establishing Executive Committees to oversee ESG-related risks and opportunities. These require careful planning and the coordination of many moving parts, especially as ESG becomes trickier to navigate.
C-Suite needs to have a credible voice on a wide range of issues that go beyond compliance and anticipate the changing expectations of investors, employees, partners, and regulators. That’s why more complex questions from leadership are piling up. “What are allocating resources to and why?” “How are requirements around our key issues changing?” “What are the emerging risks for our company?” “Where is policy-making headed?” “Do we have any blindspots?”
Effectively addressing these questions is no longer a matter of presenting dashboards of ESG KPIs and ratings, or sharing the latest hearsay from the most recent conference. It requires strategic foresight and the ability to base decisions on information that’s credible, relevant, and backed by data. 

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