The Governance of Corporate Sustainability

Abstract

This article assesses the current status of the governance of corporate sustainability. It does so from the perspectives of both corporations and of institutional investors. Topics covered include the evolution of responsible ownership, the required integration of corporate governance and sustainability agendas, implications for Board composition, alignment with incentive strategies, and stakeholder engagement mechanisms. We close with an action agenda that would take the governance of corporate sustainability to the next level.

Keywords: Accountability, Corporate Governance, ESG, Incentives, Institutional Investors, Pension Fund