Environmental, Social and Governance considerations for Directors and Officers
ESGWhitepaperAugust 25, 2022
Increased scrutiny from investors on companies’ Environmental, Social, and Governance (ESG) credentials, such as board diversity and environmental impacts, presents greater potential Directors and Officers (D&O) liability exposure.
Investors, employees and consumers increasingly expect companies to be actively addressing ESG considerations in their structures and operations. Those failing to address these issues may open themselves up to ESG-related litigation.
The pressure to act is coming from various stakeholders: customers, employees, regulators and investors. All of these threats can lead to tremendous costs for businesses and individual directors and officers.
With the focus on ESG issues increasing and questions being raised by investors and customers on the practices of companies, it is clear that directors and officers must keep up to date with evolving regulations, disclosure requirements, and sustainability concerns.
Read more about the ESG considerations for Directors and Officers and the issues insurers are most concerned about in the whitepaper.
