Deloitte’s “Navigating The ESG Journey In 2022 And Beyond” includes much sought-after proxy disclosure benchmarking data on ESG board oversight structures, including primary board committee oversight responsibility among the S&P 500 by industry. Looking at the S&P 500 overall, a majority of companies charge the Nom/Gov Committee with primary oversight as of 2021, as shown here:
Notwithstanding industry variations, the Nom/Gov Committee remains the most popular choice for all industries. Primary oversight at the full board level is uncommon. The publication also addresses year-over-year trends; identifies numerous names companies are using for their sustainability and governance committees to reflect evolving responsibilities; and discusses the audit committee’s important role in ESG oversight.
Access additional resources on our Sustainability page >>Board Oversight and >>Surveys/Studies.
This post first appeared in the weekly Society Alert!