Sustainability and ESG Need More and Better Leadership Level Representation

These statistics warn us that #businessleadership must go beyond surface-level #sustainability and #esgintegration and embed it in their decision-making processes to be truly sustainably viable, i.e. sustainability governance". Anything less risks being perceived as mere box-ticking for #sustainabilityreporting and not genuine commitment to creating responsible and profitable businesses.

Sustainability governance is effectively the integration and embedding of the principles of sustainability and ESG within the corporate governance framework and governance operating model for the long term success and and viability of a business. I call it corporate governance 3.0, building on the earlier introduction of stewardship principles of the last several years, (corporate governance 2.0).

Effective sustainability governance can help organizations manage their impact on the environment and society, creating long-term value for shareholders and all stakeholders. Business leaders understanding these upgrades in corporate governance creates familiarity and context which may be key successfully integrating and embedding sustainability and ESG into existing governance frameworks and operating models.

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#ESG#sustainability#leadership#boardofdirectors#corporategovernance