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In this time of darkness, Meaningful Business 100 leaders provide inspiration for how to advance the UN Global Goals, including gender empowerment, while filling gaps in education and creating new products and services to address global challenges.
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Directors face multiple challenges, imperatives, and stakeholder requirements. These can arise from internal business model and strategy drivers and/or external developments in the legal, regulatory, and geopolitical contexts in which companies operate.
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Rarely a day goes by without the financial news reporting on adverse reactions by businesses, trade associations, lobbyists, think tanks, and politicians around the world about the requirements for commercial entities to file reports disclosing the extent to which their activities had an impact on Environmental, Social and Governance (ESG) matters in the local, national, or global economic landscape.
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What is Governance?
Governance has been defined to refer to structures and processes that are designed to ensure accountability, transparency, responsiveness, rule of law, stability, equity and inclusiveness, empowerment, and broad-based participation.
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Leaders everywhere are facing a business landscape that is changing at an unprecedented rate. In this new environment, it is the organisations capable of continually and seamlessly adapting to change that will succeed and be the champions of tomorrow.
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Establishing and embedding sound risk management practices enables organisations to become more resilient, achieve their financial and strategic goals, and take advantage of opportunities that arise.
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In the context of Environmental, Social and Governance (ESG) reporting, materiality assessment can be referred to as a process designed to gather insight on the relative importance of specific ESG issues through stakeholder engagement.
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This is a field guide for businesses and individuals alike to navigate change, a compass, a system of content, resources, and ideas on how to stay relevant and capture opportunities in our rapidly changing world.
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