New Board Level Guide to Sustainability
Deloitte's Global Center for Corporate Governance has released The Sustainable Board, a white paper providing a board-level overview of sustainability and its impact on organisations.
According to the paper, sustainability is increasingly becoming a top-of-mind issue for boards that are seeking to enhance performance and reputation, mitigate risks, and foster innovation and growth. The paper is presented as a series of topics, with examples of questions that boards may wish to ask themselves and management in order to further their understanding. There are specific sections dealing with the measurement of sustainability information, and sustainability transparency and disclosure.
The paper notes the following in its conclusions:
Demand for reporting and disclosure of sustainability performance continues to increase – both as a response to regulation, and stakeholder and investor pressure, but also from internal management looking for better ways to manage risk and measure and improve performance.