In The News

Is Climate Change Too Hot for Boards to Handle?

Agenda

10 Jan 2022

Suz Mac Cormac spoke to Agenda about the approach boards should take when assessing climate risk and strategy.

"Unless we have uniform standards that can be verified, I advise taking a 'less is more approach,' and advise companies to focus on disclosure where they have good and verifiable data and particularly where it links to operations and financial performance," Suz said.

Suz also recommends that companies expand the board competency matrices when selecting new board members to include those who can "see around corners" when it comes to climate change, and she believes boards should "integrate decisions on climate (and ESG more broadly) into the work of their committees – governance, audit/finance, and compensation – not silo climate considerations in a separate impact or ESG committee."

Read the full article.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.