The inclusion of environmental, social and governance (ESG) information in board-level decision making is more important than ever before. ESG information and considerations should be embedded into the company’s purpose, management and culture to ensure the board is effectively discharging its fiduciary duty.
WBCSD has developed a self-assessment tool for corporate directors, designed to provide guidance to the board on how it is integrating ESG matters into its oversight role. It is not an evaluation of the board’s overall effectiveness, professionalism, or impacts. The multiple-choice questionnaire evaluates the boards integration of sustainability across five core areas:
- Purpose & business model
- Risk management
- Engagement with management
- Engagement with stakeholders
- Non-financial reporting
The questionnaire generates a board profile that serves as a guide for the whole board to consider as it seeks to better integrate sustainability into the overall corporate governance and decision-making process.
The links for the self-assessment will be updated soon.
This self-assessment is meant for boards of directors, corporate secretaries, risk committees and governance or ESG executives interested in assessing the board’s effectiveness of ESG oversight; it should be completed on behalf of the full board.
This self-assessment is available online through the WBCSD platform or can be completed offline in an excel format; it is expected that the survey will take approximately 30 minutes to complete. Upon completion of the survey, a board profile will be produced, this can be saved or printed but will not be made available at a later time.
This self-assessment is intended for company boards. If completing online, the questions answers and all other data shared will only be visible to the end user, i.e. the survey taker. The board profile created after completing the questionnaire will only be made available to the end once the survey is complete.
If you do not wish to complete the assessment online,
it can be completed using a downloaded copy of the excel file below.