Environmental, Social & Governance (ESG) - 3 Part Series sponsored by UBS Investment Bank
Environmental, Social & Governance (ESG) issues have become some of the biggest challenges in the 21st century that boards face today. In this 3 part series, we will explore a wide range of ESG issues that stakeholders are expecting from companies from long term profits and sustainability; boards must have the insight, foresight & oversight to ask the right questions of management on complex issues on climate change, ESG, cybersecurity, AI ethics, modern slavery, supply-chain disruptions. While ESG issues can create business risks, they can also create opportunities for innovation, new product and service offerings, new market opportunities, new and cheaper sources of capital, and enhanced competitive advantage and business resiliency.
Focus on the "G" on ESG
Modern Governance and Embracing Stakeholder Capitalism
Events in recent years have prompted directors to ask, "Why is it important for this organization to exist?" And understand the benefits to society that the organization brings. Answering that question requires conflicting interests and differing time horizons for all of the organization's stakeholders. Referring to Peter Dey, the father of corporate governance in Canada, on the 2021 report he has co-authored with Sarah Kaplan on 360º Governance: Where Are The Directors In A World In Crisis? Our experts will explore how corporate governance needs to change, how boards should reconcile different stakeholder demands and how stakeholder capitalism impacts director responsibilities and disclosure.