Vinson & Elkins’ “ESG Board Committees, Part I: Five Considerations Before Adopting an ESG Board Committee” provides sound guidance to companies about what they should do and things they should consider before they create a new board committee to oversee ESG/sustainability issues or task an existing board committee with oversight. If and when a company decides to proceed with committee-level oversight (whether via a standalone or existing committee), the firm’s “ESG Board Committees, Part II: Five Steps to Achieve an Effective ESG Board Committee” provides thoughtful; considerations relevant to committee creation/delegation, operations, and record-keeping. Importantly, as is the case with most other governance practices, one-size-fits-one as respects the appropriate board oversight structure for any given company.
Access additional resources on our Sustainability/ESG page >> Board Oversight and Board Committees page. This post first appeared in the weekly Society Alert!