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1、The Role of the Board in the Sustainability EraTHE ROLE OF THE BOARD IN THE SUSTAINABILITY ERA2 CHANGING THE CLIMATE IN THE BOARDROOM2 ContentsExecutive summary 3Boards increase focus on sustainabilitybut gaps remain 52023 survey respondents 67 Stakeholder pressure motivating action 9 A push for exp

2、anded knowledge 10 Integrating sustainability into the business 14Putting sustainability at the heart 20 Sharpening governance 21 Digging deep on the issues 22 Modeling strong personal leadership 23Conclusion 24AcknowledgmentsThe authors wish to thank those directors who participated in the survey a

3、nd roundtables for this report.They also wish to thank BCGs Amy Barrett,Lucile Reine,Agrippa Durrleman,and Brendan Lynch;and Heidrick&Struggles Louis Besland,partner,Industrial and CEO&Board of Directors practices;Les Csorba,partner,CEO&Board of Directors Practice;Marie-Hlne De Coster,partner,CEO&Bo

4、ard of Directors and Healthcare&Life Sciences practices;Nicolas von Rosty,partner,CEO&Board of Directors Practice;Claire Skinner,partner,CEO&Board of Directors,Industrial,and Private Equity practices;and Jiat-Hui Wu,partner,Financial Services Practice,for guidance and support during the development

5、of the publication.They also acknowledge the contributions of Fabienne Chemin and Ivy Ng in developing the survey and analyzing results.2 THE ROLE OF THE BOARD IN THE SUSTAINABILITY ERAHEIDRICK&STRUGGLESThe need for sustainability across the full spectrum of environmental,social,and governance(ESG)i

6、ssues is remaking companies,supply chains,and economies.At the same time,companies are facing disruptions on other frontsincluding the potential of generative AI to change how companies operate,new trade risks,geopolitical uncertainty,and regulatory changes.Taken together,these changes are driving t