This guide, produced by the World Economic Forum and the Climate Governance in collaboration with Deloitte, explores how organisations, guided by their Chairs, non-executive directors and board members, can earn and enhance trust through the sustainability transition.
Trust and integrity are at the core of human interactions and relationships – and business is no different. Environmental challenges are increasingly the focal point of gaining stakeholder trust. With expectations evolving in scope and intensity, businesses must respond more quickly, diligently and authentically to climate change and nature loss.
Due to stakeholder pressure, businesses are expected to respond more quickly, diligently and authentically to challenges related to climate change and nature degradation. Environmental challenges are increasingly the focal point of garnering stakeholder trust, with expectations rapidly evolving in both scope and intensity. Companies are expected to consider their impact across the whole value chain, going beyond emissions to include equity and nature considerations. Action needs to be quicker and more ambitious than ever before.
This paper explores the common risks and pressures businesses are facing in light of the sustainability transition. Learn how company board members can create resilience by ensuring the integrity of – and trust in – the climate actions of their organisations.