High performing companies are realizing that good and robust governance drives environmental and social responsibility. As organizations continue to adapt to an ever-changing landscape, boards and management must prepare to address the new dynamics affecting their oversight roles and the governance of their organizations.
Boards have responsibilities to steer their organization toward sustainability and ensure the ESG information under their oversight is appropriate, reliable and compliant.
While plenty of guidance and information exists, standards and regulations addressing specific areas of responsibility and reporting continue to evolve. Governance covers a wide variety of issues including risk management and internal controls, data harvesting and data breaches, executive remuneration, board diversity and competences as well as shareholder rights.
KPMG understands that a focus on governance can underpin the success of the broader ESG strategy by ensuring that both the people and policies are fit for purpose. Member firms offer a suite of services designed to review your governance structures so that they are effective and efficient — to remove inadequacies, and ensure your board and leadership has the required expertise.
How you run your company is the foundation of strong ESG and without it, your license to operate could be at risk. By reviewing your ESG policies and practices along key financial and societal performance measures, KPMG professionals can help you ensure greater accountability, more effective decision making, and stronger compliance throughout your entire organization.
