March 5, 2009
White Paper: Corporate Boards Expected to Raise Profile of Sustainability
“The Responsible and Sustainable Board,” a white paper from consulting firm Deloitte, highlights reasons why corporate boards are expected to pay more attention to risks and opportunities associated with corporate responsibility, sustainability and climate change.
According to a press release, the report, based on a survey of 220 directors of billion-dollar companies, contained these key findings:
- Seventy-nine percent of directors responding have a strong or moderate understanding of the business risks associated with corporate responsibility, sustainability and climate change.
- Seventy-six percent have a strong or moderate understanding of the business opportunities associated with corporate responsibility, sustainability and climate change.
- Almost one-half of directors think their boards and management are committed to addressing corporate responsibility, sustainability and climate change.
- One-half of directors think their companies’ response to corporate responsibility and sustainability is integrated into business strategy and risk management, while 41 percent report no such integration.
- Thirty percent of directors reported that their companies have set goals for reducing greenhouse gas emissions; fifty nine percent reported no such commitment.
- Almost one-third of directors think there is growing investor interest in their companies’ response to climate change/business sustainability issues, while 39 percent do not think there is growing interest.
- Thirty-five percent of directors see value in having an environmental audit – measuring greenhouse gas emissions and energy consumption.
- Thirty-seven percent of directors favor full-board oversight of corporate responsibility and sustainability, while another 37 percent indicated oversight should reside in existing board committees, such as risk committees (24 percent), governance committees (24 percent), strategy committees (22 percent) and audit committees (15 percent)
Advertisers
Make sustainability part of your strategy.
Get equipped at the SAP Sustainability Resource Center. >>
EFFECTIVELY MANAGE WATER COMPLIANCE
Understand how increased enforcement may affect your company. Find out more >>
EPA mandatory emissions reporting starts Jan 1st
CSA Standards can help your organization get ready for compliance. Find out how. >>
Recent Daily News [ see all ]
- 11/06/2009
- 11/05/2009
- 11/04/2009
- Emissions Intensity Falling Globally
- JohnsonDiversey Ups GHG Reduction Target to 25%
- Sainsbury’s Offers Free London Electric Car Charging
- Carbon Trading Could Trigger a ‘Sub-prime Style’ Economic Crash
- Peabody, Exxon Accused of Undermining Climate Talks
- BMW, Toyota, Ford Tout Eco-cars
- In ‘Apathy Gap,’ Energy Efficiency at Home Ranks Low
- China Pushes for CO2 Storage, Not Emissions Reductions
- Clean Tech VC Funding On Rebound, Up 50% Since 2nd Quarter
- IECC Building Code Recommendations Add Up to 30% in Energy Efficiency Gains
- Disney Buys $7M in Reforestation Offsets, a Corporate Record
- McKesson to Save $300K Via Fuel-Efficient Vehicles
- Sprint to Save $2.1M With Eco-Friendly Packaging
- U.S. Export-Import Bank Adopts Carbon Policy to Support Renewable Energy
- Greening the Automotive Supply Chain
- Yokohama Rubber Cuts GHG Emissions 13.4% in 2008
- Electronics Industry Lawsuit Called ‘Attack on States’ Rights’
- Wal-Mart Adding LEDs to 650 Stores
- One Committee Down for Senate Climate Bill, Five More to Go
- EU Poised to Give Heavy Industry Free Carbon Permits
- ResponsibleTravel.com Scuttles Carbon Offsetting Option
- U.S. Cap-and-Trade Creates Winners and Losers among Largest Emitters
- DOE Awards $155M to Make Industrial Sector More Energy Efficient
- System Upgrades Power Up Energy Savings for Hotels
- Xerox Cuts GHG Emissions by 20% from 2002
- Waste Management Landfill Gas Project Complete
- Intel, Pepsi, Kohl’s Stay Atop Green Power Partnership list
- Wal-Mart Thinks Big With Smaller Stores
- Despite Critics, Gore ‘Proud’ to Invest in Green Firms
- Metal Recyclers Spar Over Ship Recycling Site
Industry Voices [ see all ]
A Roadmap for a Renewable Energy Partnership
Brad Cashaw
Vice President
Quaker Foods and Snacks Supply Chain and Sustainability
Forest Carbon Core to Climate Change Deal
Chris Elliott
Forest Carbon Initiative Lead
World Wildlife Fund
VCS and CarbonFix Tops in Review of Forestry Carbon Standards
Paulo Lopes
Carbon Management Consultant
Carbon Clear






Join the Discussion