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U.S. Boards of Directors Often Fail to Take Charge of Corporate Sustainability

Boards face knowledge gap about designing and overseeing a companywide program

The Conference Board
Mon, 12/05/2011 - 14:07
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Leaders of U.S. publicly-traded companies are becoming increasingly aware that their access to capital and ability to implement a long-term business strategy depend on support from multiple stakeholders. However, when it comes to social and environmental matters, boards often face a knowledge gap that can impair the performance of its oversight responsibility, according to a new report by The Conference Board.

“Sustainability Matters: Why and How Corporate Boards Should Become Involved” (Report No. 1481-11-RR, The Conference Board) was developed in collaboration with a team of experts in the field to provide guidance to directors approaching the task of sustainability oversight.

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