Corporate Purpose, Redefined
Shareholder value is no longer everything. The 2019 Business Roundtable redefined the prevailing view of the modern corporation: companies must also deliver value to employees, customers, communities and society.
In light of this shift (accelerated by the Coronavirus crisis), ESG and Human Capital Management (“HCM”) matters will become core to corporate governance and executive compensation conversations. Semler Brossy offers this webpage as an ongoing resource for Boards and companies navigating these complex and timely governance topics.
Our latest analysis and insights on the current landscape of ESG in executive incentives. View previous reports:
Our Guidance for Translating Theory into Action
A selection of our published advice on ESG and HCM matters where they intersect with executive compensation
Deborah Beckmann and Seymour Burchman
Moving Cautiously on ESG Incentives in Compensation
Deborah Beckmann, Blair Jones, & Avi Sheldon
Olivia Tay & Seamus O'Toole
Blair Jones and Matthew Westlund
Lay the foundation for accelerated and permanent change.
Human Capital Management Proxy Disclosures
Avi Sheldon, Andrew Friedlaner, Matthew Mazzoni, and Blair Jones
Legislative, Regulatory and Other Developments
An overview of trends and requirements shaping the regulatory and reporting environments around ESG and HCM matters
Center on Executive Compensation
World Economic Forum Download
Hunton Andrews Kurth Download
Davis Polk & Wardwell LLP
Stakeholder Governance and the Fiduciary Duties of Directors
Wachtell, Lipton, Rosen & Katz
How Boards and Companies are Responding
How Boards and companies are addressing ESG and HCM matters in executive pay, the Board’s role and shareholder engagement
Wilson Sonsini Goodrich & Rosati
Where Board & Investor Priorities Intersect: 2019 Review of S&P 100 Governance Disclosures
Nasdaq, Inc.
How and Why Human Capital Disclosures are Evolving
EY Center for Board Matters
Corporate Disclosure of Human Capital Metrics
Harvard Law School
Global Reporting Initiative
Views from Investors and Other Stakeholders
A sampling of the corporate purpose and ESG debate, including prominent views from investors, employees, and business and governance commenters
The Economist
Harvard Business Review
How Fund Families Support ESG-Related Shareholder Proposals
Morningstar, Inc.
BlackRock’s 2020 Priorities with a Focus on Sustainability, and ISS’ New Climate Voting Policy
Sidley Austin LLP
Aligning Corporate Culture With Long-Term Strategy
State Street Global Advisors