During 2020, the time the ESG working group has spent together has been focused on getting to know how each company was organizing around ESG efforts. Key conversations centered around the use of cross-functional teams to develop ESG strategy, the pressure of disclosure and transparency, the role of the Compliance Officer, and the current landscape of reporting frameworks against a backdrop of the lack of regulatory or other U.S. or global standards.
In Ethisphere Magazine's issue on Reimagining Capital, three articles on ESG feature insights from this working group. Marvell’s Roxane Marenberg and Western Union’s Nancy Reynolds share their experience with ESG from a compliance officers perspective, Newmont’s Carrie Christopher describes how she and Newmont navigate the forest of rating agencies, requirements, standards, and practices, and Ethisphere's Emily Rickaby summarizes the working group's thoughts on who should sit at the ESG table.
Read a summary of the group's discussions on stakeholder engagement. A complete report on all of these outputs, Ethics & Compliance Leadership in Driving an Environmental, Social, and Governance (ESG) Strategy, can be found on the BELA Member Hub.