Investors now are speculating which companies have the environment, social and governance (ESG) credentials to thrive in the incoming Biden administration. The reality is that few companies are equipped for a resurgence in environmental regulation. Their governance structures are outdated and rigid. For meaningful change to occur, the boards of companies must be reformed — how they are selected, who sits on them, and what perspectives they bring to the table — if we want to drive meaningful, lasting change…
Opinion: Look for the government to force boards to diversify if companies won’t