Board directors call for mindset shift on the climate transition
Directors believe they have inadequate influence on climate innovation and value chain engagement.
More than four in five board directors see climate action as a mid-high priority, but many feel they have limited influence on how sustainability strategies are implemented across companies.
According to a Kantar survey of 240 independent board directors, a wide majority believe there’s a gap between companies’ climate strategies and action. 84% report that climate action is one of their boards’ top priorities, but very few believe they are able to influence value chain engagement (12%), product innovation (10%) and industry engagement (9%) – despite these being key elements of a successful climate plan.
