Tag Archives: minorities on boards

To sum up the most recent meeting of the United Nations Global Compact US Network, held October 19 at PricewaterhouseCoopers offices in San Francisco (I know, this post is terribly late):

Boards need to step up and listen up.

In his opening remarks, Allen White sounded the call that became the theme, reinforced and restated during each panel and discussion that followed. Companies need activist boards, he said, and he presented the following ideas for how companies can begin to cultivate boards that to meet the calls for better governance and attention to some of our most pressing issues:
1. Create a process by which boards reflect on stakeholder management, engagement, and governance.
2. Require all board members to build competency in sustainable governance.
3. Consider sustainability competency as a criterion for selecting new board members.
4. Require directors to hold management accountable for integration of sustainability.
5. Boards should set sustainability goals.

Carolyn Y. Woo, Dean… More >