Collaborative efforts are being made to equip board members with the necessary awareness, skills, and tools to embed environmental considerations into decision-making processes and foster long-term resilience in business models.
ESMT Institute of Sustainable Transformation's involvement extends to hosting events such as the Sustainable Business Roundtable (SBRT), where members and invited guests convene to discuss the role of boards in sustainability. These roundtable discussions, organized in collaboration with CGI Germany, serve as platforms for peer-to-peer learning and knowledge exchange among industry professionals and experts.
The initiative emphasizes the crucial role of supervisory boards in steering companies towards sustainability and climate action. By adhering to Climate Governance Principles, these boards aim to integrate environmental considerations into decision-making processes and recognize associated risks and opportunities.
ESMT Berlin, as one of the key partners, plays a significant role in the initiative. ESMT's Institute for Sustainable Transformation offers executive education programs tailored for supervisory board members to enhance their sustainability expertise. These programs, grounded in research, focus on sustainability capacity development and equip board members to understand global sustainability challenges, frameworks, and regulations.
ESMT's involvement underscores its commitment to fostering sustainability in corporate governance and facilitating the transition towards more environmentally friendly business models. Through its educational initiatives and contributions to the Climate Governance Initiative Germany, the institute plays a pivotal role in empowering board members to effectively address climate and environmental issues, thereby promoting long-term resilience and success for companies in a changing global landscape.