Executives across the world increasingly see corporate governance as key to creating trust with shareholders, with 61% planning to prioritise environmental, social and governance (ESG) strategies within three years, a recent study found.
A Board Frontier Topic survey by London-based consultancy Deloitte found 94% of global business leaders recognise the importance of building trust within their organisation. Yet only 39% of the executives surveyed indicated their organisations have achieved a high level of trust maturity, with around one-third lacking a consistent approach to maintaining trust.
“For businesses, earning and protecting stakeholder trust is fundamental to ongoing viability and success, not only in terms of reputation, but also as an important driver of financial performance,” said Michael Bondar, Deloitte’s global enterprise trust leader.
The…
