and legal are among the many functions that run point at their companies. A very few businesses have not put anyone in charge.Oversight responsibility often rests with more than one board entity. In the 2021 Gartner ESG Benchmarking Panel Survey, the majority of executives indicated that at least two have full oversight responsibility over their organization’s ESG program.
“A team that reports to the general counsel shows you consider it a legal and compliance issue,” Lowe said. One that reports to finance means you’re putting a premium on what your investors want. If you establish a reporting line to communications, that means you’re making it part of your narrative, though communications rarely has the budget or clout that might be needed to engage the business.
In the first quarter of 2021, the company explained this ambition to suppliers in a webinar, followed by a training course in the second quarter. While the sustainability team is involved in setting the big-picture vision, the supply chain leader sees the program to fruition. That supply chain leader also serves on the Group Sustainability Committee, along with executives from governance, HR and communications, while Blum serves as chair.
Martha Hall Findlay, the current officer, said the positioning of the role is critical. “Disclosure is not enough,” she said. “The whole purpose of disclosure is so you can get people to enhance their performance.” Sasfai is now chief ESG officer. The leader of the supply chain function is the chief sustainability officer. They both report to the chief administrative officer, who is also the company’s legal and public policy officer.
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