The Sustainability Board’s Post

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In 2020, only 42% of public family enterprises had a board policy for sustainability oversight, now standing at 71%. Within the default sample (Top 100 Forbes 2000), the percentage was 63%, reaching 88% by 2023. This is a relative improvement of 40%, compared with 69% in family businesses, suggesting that family businesses can be more nimble to drive sustainable leadership. We measure sustainability oversight primarily by the presence of any board committee that addresses sustainability, or environmental, social, and governance (ESG) issues in its charter. Read our 5 year anniversary report to learn all about the evolution of ESG board preparedness: https://lnkd.in/eeY3nGPx

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