Climate change has placed a premium on moving to sustainable business models and a low-carbon economy. The task will need “positivity of purpose“ and “informed assessment“ of climate risks, writes Tom Delay of the Carbon Trust.
New research from Board Agenda, conducted in association with Mazars and INSEAD, reveals that while some boards recognise the value of corporate culture, a significant number are still grappling to give it adequate time and attention.
Boards are beginning to acknowledge that sustainability is no longer a siloed concept, but a crucial strategy that lies at the heart of responsible, profitable business, with long-term rewards for both stakeholders and society.
With the digital revolution about to present "the greatest disruption to both leadership and governance in the entire history of business", there are ways that boards can prepare for the new digital economy and not be left behind.