Major social issues continue to have an increasing impact, also on the business community. And these issues increasingly require corporate involvement. Remko Renes (member of the Nyenrode Corporate Governance Institute) and Auke de Bos (associated with the EUR and EY) elaborate on Environmental, Social and Governance (ESG) factors. They think about the meaning and the importance of ESG, and the influence of this topic’s focus and transparency on organizations and directors and the roles of supervisors and audits. Based on their insights, they give recommendations to directors, supervisory directors, advisers and accountants.
It is taking too long for companies to put well-being before profit. That is why a social duty of care must be enshrined in law. This is what Leen Paape says in his farewell speech as Professor of Corporate Governance at Nyenrode.
The Green Deal’s sustainability program from 2019 obligates companies to gradually focus more on people, the environment, and society: ESG (Environmental, Social, Governance). But are organisations adequately equipped to make their business operations more sustainable?
“Let’s embrace polarization. From the perspective of polarization, we can look at conflicting interests, map and connect them. That is the way to achieve innovation.” This is the appeal chairman MVO Netherlands, Maria van der Heijden, made during her introduction at the tenth Henk van Luijk lecture on May 27.