10 Ways Boards Can Act in Sustainability

By Ron SoonieusLouis Besland, and Alice Breeden
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Climate change is now firmly on the agenda for boards. Yet a gap remains between what directors say about climate change (essentially, that’s it’s a critical strategic issue) and what their companies do about climate change (essentially, very little). Based on a survey of dozens of directors in 43 countries, ten pieces of advice emerged for boards in 2022, including conducting a board-effectiveness review focused on climate; refresh the board make-up to ensure climate expertise and linking executive compensation to climate targets.