Role of the Board: Leading the Way on Esg
DOI:
https://doi.org/10.33516/maj.v58i3.46-50pKeywords:
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The role of Board of Directors in vitalising Environmental Social Governance (ESG) is to offer oversight and guidance to the company in order to operate in an environmentally and socially responsible manner. This incorporates setting policies and goals related to ESG, invigilating the company’s performance in these areas, and engaging with stakeholders to understand their expectations and concerns. Further, the Board works on integrating ESG considerations into the company’s strategy and decision making. This includes assessing risks and opportunities associated with ESG hand holding the management team accountable for the accomplishment of the ESG targets. Hence, in improving ESG the Board’s role is not only to abide by all the laws and regulations but also to enhance its environmental and social impact.Downloads
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References
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