Sustainable Corporate Governance

Sustainability has become an essential theme for companies. In this context, both strategy and management are guided by sustainability criteria – in fact, sustainability has become a key parameter in corporate decisions. To ensure effective management within the company, it is important to assign responsibility for sustainability to the company’s management as well as its central decision-making and supervisory bodies. Companies should also promote efforts to address sustainability within established corporate structures, for example within the compliance or risk management system. In all of this, it is important for companies to include the views of external stakeholders.

econsense and its members closely monitor the development of sustainable corporate governance in Germany and on the EU level. Changing investor expectations and new regulatory frameworks mean that companies have to review their own systems and, at the same time, disclose more information on governance. econsense supports its members in their internal system adaptation and helps them develop cross-functional competences.