Shearman & Sterling LLP ESG Disclosure and Governance | 70
How Does the Board Allocate Responsibility for ESG Oversight?
Committees Responsible for ESG Oversight*
Board and committee(s) Full board
7
87
Nominating and governance committee
Public policy/regulatory and compliance/sustainability committee
Audit committee
Compensation committee
Corporate social responsibility committee
5
19
68
* Of the 87 companies that disclosed
which board committee(s) had responsibility
for ESG oversight, 53 of the Top 100
Companies identified two or more committees
responsible for such oversight.
34
31
Committee Charter or Corporate Governance
Guidelines Specifically References Oversight
of Climate Risk and Opportunities
22
Committee Charter or Corporate Governance
Guidelines Specifically References Oversight
of Human Capital Management
19
