Corporate Secretary’s ‘ESG in the Boardroom’ report presents data collected from a survey conducted among in-house governance professionals such as general counsel and corporate secretaries. It provides important insights into, among other things, which part of the board is taking responsibility for ESG oversight, when ESG discussions are taking place and investors’ interest in board oversight of ESG matters. Findings in this report are based on data from an online survey conducted between December 2021 and February 2022.
- Almost half (43 percent) of respondents say their full board has primary oversight of ESG issues. The next-most common response is the nominating and governance committee, cited by 25 percent of respondents.
- Globally, 80 percent of respondents report an increase in the frequency of main-board discussions of ESG issues, compared with two years ago.
- More than half (55 percent) of respondents say that in the past 12 months, investors have asked questions about the board’s governance structure and processes around ESG issues.
- Respondents at mega-cap companies give the highest average rating of their board’s ability to oversee relevant ESG matters (8.3 out of 10).