"Governance" in ESG #esg #sustainability #climatechange #science #corporategovernance

Governance is the way company is directed and managed, its set of rules, processes and practices which a company follows, and aligns its operations with shareholder values and also protects stakeholders’ interests by ensuring that it's taking decisions in their best interests.

Understanding corporate governance risks and opportunities is critical.

This video will help you understand the components of the corporate governance within sustainability, introduce you to international standards for corporate governance, address benefits and risks associated with governance.

Mentioned resources:
1) OECD Principles of Corporate Governance 2023 - https://www.oecd.org/publications/g20-oecd-principles-of-corporate-governance-2023-ed750b30-en.htm
2) ISO 37000:2021 Governance of organizations — Guidance - https://www.iso.org/standard/65036.html
3) BS 13500 - https://www.bsigroup.com/en-AE/Our-services/Training-courses/BS-135002013-Effective-Governance-Management-Systems-/
4) UK Corporate Governance Code - https://www.frc.org.uk/library/standards-codes-policy/corporate-governance/uk-corporate-governance-code/
5) The GRI Universal Standards – https://www.globalreporting.org/how-to-use-the-gri-standards/gri-standards-english-language/