Companies without any ESG expertise at the board level tend to underperform on sustainability compared with those that do have ESG experts, according to a joint survey by NN Investment Partners and Glass Lewis.
The survey uses data from NN Investment Partners’ proprietary ESG Lens score, a tool that provides a single ESG score for each company or country assessed while considering a wide range of data points. The resulting score is used as a key input for the over...
Boardroom Archive
The Covid-19 pandemic has required companies and their boards to take a renewed look at working practices and human capital management. But new research points to widespread differences in how much boards are involved in and informed on such strategies.
Earlier this month PwC polled 65 board directors from Fortune 1000 and private companies, along with other C-suite executives, about busi...
It’s been two years since 181 CEOs signed The Business Roundtable statement on corporate purpose, committing themselves to serving the interests of ‘all stakeholders,’ especially communities, the environment and investors.
This pledge supercharged the ESG movement: companies began competing for high ESG ratings and inclusion in ESG-target...
Only a quarter of board seats at newly public TSX-listed companies are occupied by women in 2021, according to data from Wome...
In recent years, definitions of ESG materiality have evolved very quickly. This rapid evolution asks more of corporate boards in terms of their oversight of ESG risks and opportunities and raises questions about board composition.
For directors whose executive careers are long behind them, are they able to have sufficient oversight of ESG – a topic that is continually changing? Do corporate boards need more environmental, human resources or cyber-security speciali...
The number of newly appointed directors with traditional backgrounds has fallen from 59.4 percent in 2019 to 56 percent in 2021, according to a new report from Diligent.
Traditional backgrounds mean people coming into the director role with experience as a CEO, CFO or COO. Diligent looked at board director appointments at companies in the US, the UK and Austra...
Corporate Secretary is extending the deadline for nominations for this year’s Corporate Governance Awards until Friday, July 30.
Entries can be submitted – free of charge – by corporate secretaries, general counsel, compliance officers and other governance officials at companies listed/domiciled in the US, or by vendors or service providers on behalf of their clients.
The winners of the 14th annual Corporate Governance Awards will be announced at a spec...
Corporate Secretary has announced the panel of judges who will be deciding the winners of this year’s Corporate Governance Awards, for which submissions are due by July 23.
Anna Catalano joins the panel this year. She serves as an independent director for public and private corporations and not-for-profit organizations and is currently a member of the boards of Willis Towers Watson, Kraton Corporation, HollyFrontier Corporation, Frontdoor and Appvion. She is a dir...
Boards are central to companies addressing ESG issues and should look to enhanced diversity and expertise to fulfill this role in a positive way, according to SEC member Allison Herren Lee.
‘The world’s largest asset managers and other institutional investors have been direct and vocal in conveying that they consider ESG material to their decision-making,’ Lee said in a speech earlier this week to the Society for Corporate Governance. ‘No matter the view of ...
Amid growing investor pressure for companies to link executive compensation – at least to some degree – to ESG factors, there remains widespread uncertainty about how boards should approach the issue. But the outline of best practice is beginning to emerge, according to professionals.
The connections between ESG and compensation ‘are evolving in real time,’ Wendy Cassity, executive vice president and chief legal officer with Nuance Communications, told the a...