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