Clermont Partners' review of the committee charters of 172 generally top-rated MSCI ESG-rated companies that cited board-level ESG oversight identified a standalone sustainability-focused committee and the Nom/Gov committee as the most common board E&S oversight committees, as shown here:
The report elaborates on common Governance, Sustainability, and Audit committee charter responsibilities and provides small-cap, mid-cap, and large-cap examples of each, as well as a tabular summary of three ESG raters' (ISS, MSCI and Sustainalytics) methodology for evaluating E&S Board oversight of enumerated E&S policy areas.
See last week's report: "Study: ESG is not an 'Equity Vaccine'" and numerous additional resources (including board oversight benchmarking resources) on our Sustainability/ESG page. This post first appeared in the weekly Society Alert!