“ESG Is too Big for One Board Committee. Even the Sustainability Committee.” from Clermont Partners makes the case for an integrated board ESG oversight approach whereby particular topics are delegated to multiple board committees based on their areas of responsibility and expertise, which is a growing trend. The post provides guidance to companies on how to develop or transition to this model, inclusive of identifying the types of ESG matters that commonly logically fall under the purview of the three key committees, as well as an Environmental, Health & Safety Committee; Technology/Innovation Committee; and even a standalone Sustainability Committee, for those boards that have one.
See our recent reports: “Board Committee Benchmarking,” “Audit Committee ESG Oversight Responsibilities,” and “Who Decides Whether a Topic is ‘E’, ‘S’, or ‘G’ or ‘None of the Above’?”; the Society and Thompson Hine: "ESG Governance: Board and Management Roles & Responsibilities"; and additional resources on our Sustainability page. This post first appeared in the weekly Society Alert!