ESG (Environmental, Social and Governance) is a hot topic. Investors want more reporting and transparency. Non-financial reporting frameworks expect transparency on issues from climate change to forced labor. The Board has questions. And nobody expects it to fade any time soon.
It’s often “all hands on deck.” But increased activity doesn’t always translate into effectiveness or efficiency. Even companies that created Chief Sustainability Officer positions years ago are overwhelmed by new requirements, risks and demands. One poll of over 300 Internal Audit professionals revealed that ESG “lives” in Environmental, Compliance, Investor Relations, or other departments. There is no consensus on the right home. Who should lead ESG? What does “good” look like? And how will things get done efficiently, effectively, and aligned with business objectives? Read More