MM&K speaks at London Stock Exchange Group webinar – The Boards of the Future
September 15, 2021
On Wednesday 15th September, David Ellis, Consultant at MM&K joined an expert panel at the London Stock Exchange, alongside First Flight Non-Executive Directors, Board Excellence and Women on Boards to discuss what future Boards will look like, how they will operate and add value to stakeholders.
Topics covered included:
- Company Culture
- Diversity & Inclusion
- The Role & Evolution of the Board
David began by outlining a three-step plan for how a company could go about scaling up the ESG competencies of their board. The journey began with embedding ESG into the strategy and culture of the organisation. Then a business could look at how to measure and report against its progress. Finally, (and only then) consideration could be given to incorporating ESG into incentives and other pay approaches. Putting ESG into pay is not a given. ESG is a broad church and its very breadth makes a meaningful pay linkage a challenge. Caution should be applied! David also took the time to talk about the role of regulation in encouraging greater diversity and inclusion, mentioning in particular, the material drop in the submission of gender pay gap reports amid the COVID-19 pandemic when the relevant regulations were relaxed.
View recording here: