Should Materiality be the Primary Focus for Board and Regulatory Oversight? Washington, DC
Nancy Cleveland, Presenter
Sustainability is a broad, multidimensional topic for Boards and Regulators. It encompasses today’s business operations and tomorrow’s strategy (opportunity and risk). By focusing on impacts, risks and opportunities, Boards and Regulators will be able to satisfy required disclosures, consider voluntary reporting, and address economic and social concerns as well as governance. For Boards and Regulators, discerning what is material today is challenging enough; sustainability adds a longer term view to the mix. Is “materiality” enough of a sustainable focus for effective Board and Regulatory oversight?