Climate, ESG, and the board of directors: ‘You cannot direct the wind, but you can adjust your sails’

Abstract

The subject of climate risk and our fi nancial markets, and environmental, social and governance issues (ESG) more broadly, is top of mind in board rooms and c-suites around the globe. Increasingly, boards of directors are called upon to navigate the challenges presented by climate change, racial injustice, economic inequality and numerous other issues that fundamental to the and sustainability of companies, fi is in that the and stakeholders long-term, ways far corporate decade two ago.