https://www.pionline.com/esg/corporate-boards-improving-esg-less-diversity-survey
Corporate boards are improving the ways they deal with crisis management and ESG issues but less so on diversity, according to PwC’s Annual Corporate Directors Survey released Monday.
The survey conducted from February to March 2020 included 693 directors in more than a dozen industries, 75% of which have annual revenues of more than $1 billion. Among respondents, 76% were men.
The percentage of directors saying that disclosing a company’s efforts on ESG-related issues should be a management priority rose to 41% from 30% in 2019. The percentage of directors saying that ESG issues should regularly be on the agenda rose to 45% from 34% last year.
Among the directors, 67% believe issues like climate change should be taken into account when developing company strategy, and 50% said their boards fully understand ESG issues impacting the company.
