Opinion
Boards to blame for ESG mismatch
Company directors must bear responsibility for the regulator interest and threats of shareholder litigation after allowing management to make short-term PR promises that lack understanding of the real-world challenges of the energy transition.
Patrick GibbonsCorporate adviserBoards must bear responsibility for the regulatory heat after allowing management to make short-term PR promises that lack understanding of the real-world challenges of reducing emissions, and what is actually occurring in global energy markets.
Lately greenwashing and greenhushing are getting lots of attention for two reasons – regulator interest and threats of shareholder litigation. Both should focus boards’ attention.
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