[Autom. eng. transl.] The new version of the Corporate Governance Code for listed companies has indicated "sustainable success" as the goal of the corporate governance systems of listed companies. The need to take stakeholders into account for sustainable success was thus sanctioned. Both the remuneration policies and the control and risk management systems must be aligned with this objective. In 2020, the CSR Manager Network and ALTIS continued data collection and analysis on the evolution of forms of governance and sustainability management. The data collection was carried out by comparing the companies listed on the FTSE-MIB list in Italy with the companies listed in France, Germany, the United Kingdom and Spain in comparable lists. The data in the following report give life to the first European observatory on sustainability governance. The results reveal how in Italian companies sustainability is increasingly integrated into corporate governance, with peaks of excellence at European level. In Italy there are, in fact, numerous companies that have assigned to a committee within the Board of Directors. delegations to sustainability issues. The study also demonstrates how Italian companies are giving more and more space to sustainability aspects in remuneration schemes, while the diffusion of sustainability skills within the BoDs and managerial task forces dedicated to socio-environmental issues is still in progress. . The work concludes by offering some useful insights to identify the sustainability governance configurations that can lead to better ESG performance.
|Translated title of the contribution||[Autom. eng. transl.] The integration of sustainability into governance: when does form become substance?|
|Number of pages||46|
|Publication status||Published - 2021|
- corporate governance