Coulson-Thomas, Colin (2022) [Theme Paper] 2022 London Global Convention on Corporate Governance and Sustainability, Building an Effective Board that Works and Top Global Trends. In: 2022 London Global Convention on Corporate Governance and Sustainability, 9th - 12th September 2022, Hotel the Montcalm, Marble Arch, London W1H 7TN, UK.

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Abstract

For many boards the contemporary business environment is challenging against a background of continuing consequences of collective business and lifestyle impacts upon the environment and natural world that raise questions about our prospects of survival. It also raises questions about the purpose and contribution of corporate governance, whose interests it serves, and its role in facilitating needed adaptation, responsible innovation, transition and transformation journeys, and the collective responses needed to confront a challenge such as climate change. Its purpose, focus and relevance and governance and sustainability expectations, requirements and practices may need to be reviewed. New approaches, models and practices may be required if governance is to embrace networks, value chains and collaborative responses to existential threats. Perhaps corporate governance should be seen as a means to a desired end, rather than as an end in itself. Corporate governance arrangements, mechanisms, structures, processes, procedures and practices could be consciously and explicitly re-purposed to increase the focus upon responsible and collective action to address shared existential challenges and negative externalities, and achieve more socially and environmentally beneficial outcomes.

There are many issues and questions for directors and boards to consider in relation to effective climate governance, ESG strategies and sustainability, enhancing board committee performance, transforming risks into opportunities, technology governance and strategy, governance for a new era, diversity and inclusion, value driven governance and sustainability, and how accounts, reports and other inputs to decision makers should fairly reflect the externalities of corporate operations and activities. They could also explore how the purpose of governance and the focus of boards might better serve the interests of a wider range of stakeholders and embrace social and environmental considerations and more explicitly encompass responses to existential threats and ensuring human activities and lifestyles are responsible, sustainable and in harmony with our planet’s eco-systems.

Item Type:	Conference or Conference Paper (Paper)
Additional Information:	The London Global Convention on Corporate Governance and Sustainability is organised by the Institute of Directors (India).
Uncontrolled Keywords:	Corporate Governance; Governance models; Digital Technologies; Corporate Social Responsibility; Environmental Sustainability; Global challenges; Opportunities; Natural eco-systems; Harmony
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management H Social Sciences > HF Commerce
Faculty / School / Research Centre / Research Group:	Faculty of Business Faculty of Business > Centre for Work and Employment Research (CREW) Faculty of Business > Centre for Work and Employment Research (CREW) > Leadership & Organisational Behaviour Research Group (LOB) Faculty of Business > Department of Human Resources & Organisational Behaviour
Related URLs:	Organisation https://iodglobal.com/upcoming_events/de...
Last Modified:	16 Sep 2022 16:48
URI:	http://gala.gre.ac.uk/id/eprint/37508

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