Role of the Board in Corporate Social Responsibility, Sustainability and Climate Change Growing

Boards of directors are increasingly paying attention to the risks and opportunities associated with corporate responsibility, sustainability and climate change, according to a new survey commissioned by Deloitte and Corporate Board Member magazine. The survey of 220 directors at U.S. companies with $1 billion or more in revenue highlights the board’s growing role in oversight of corporate responsibility and sustainability (CR&S). Despite the current economic environment the board’s role is undoubtedly increasing as there is greater awareness of the business risks and opportunities associated with corporate responsibility, sustainability and climate change. The perfect storm of emerging regulations, increased requirements for reporting and transparency, heightened pressure from investors, energy price volatility and market demands for green products and technologies is driving CR&S as a business imperative.

Executives Seek Compliance, Performance and New Business Opportunities in a Carbon Constrained Economy

A new study released recently by Deloitte and CFO Research Services highlights the current and emerging interdependencies between IT and enterprise sustainability performance. The study, titled “The Next Wave of Green IT,” surveyed 353 senior finance, IT and business unit executives at companies with revenues of $500 million to more than $10 billion throughout Europe, North America and China to explore how large companies around the world view IT’s role in the future of enterprise sustainability.