A Board’s Role in Sustainable Governance
Strategies for effective ESG integration and decision making
ESG has taken on a crucial role for businesses shaping their long-term sustainability and success. The board of directors plays a pivotal role in ensuring that ESG principles are integrated into corporate strategies, risk management, and decision-making processes. This in turn fosters innovation and resilience, enabling companies to adapt to evolving market dynamics and regulatory requirements. Those organisations that align the company's goals with broader societal needs, reinforce its social license to operate and contributing to sustainable development, which can impact the company's reputation and bottom line.
In essence, making ESG a top priority for board members ensures holistic business practices that balance profit with purpose, driving enduring success in a rapidly changing world.
At KPMG in India, we believe that ESG is the watermark for those organisations willing to make a lasting difference.