Snapshot | <em>GCC boards and ESG</em>

Snapshot | GCC boards and ESG

  • Aon’s Middle East ESG Trends 24th November presentation explored the latest Middle East Environmental, Social and Governance (ESG) trends and how they are influencing firms across the region
  • The graph below illustrates insight from the GCC Pulse Survey section regarding boards and ESG


Source:  Aon’s Middle East ESG Trends, November 2022 (responses shortened)


Key findings…

  • A large majority of GCC respondents stated that their board has defined ESG matters of importance to the company or at least discussed ESG
  • A similar majority indicated that their company either has an ESG strategy, working on one or considering doing so
  • However, elsewhere in the survey, a lower percentage of the respondents stated that their board monitors ESG related initiatives, directly or through committees, or linking management incentives to their success

►  ILMAM’s Optimal Board Program framework can help companies optimize their overall board work cycle, while considering the relevant drivers and trends