Incentivizing Boards Of Directors To Address Climate Change, At ChangeNow Summit

Forbes | “A fascinating study on incentivizing the board to make the company more environmentally responsible.” While it’s the responsibility of the board of directors to ensure the sustainability of a company’s performance in a world of limited resources, this body faces significant challenges in driving meaningful change. This study digs into these obstacles and identifies tangible opportunities for reinvention without risk of symbolic gestures that lack concrete action. “Anne Désérable of Quantis. summarized the findings from their small but fascinating study on boards and climate responsibility. One key, she explained, is to make sure the board understands the transition that that particular company needs to take to become carbon neutral. One idea is to link board compensation to the company’s performance on ESG – environment, social, governance – criteria and it’s environmental impact.”