Sustainability Magazine July 2023 | Page 51

ESG

“ If a key metric of good governance is transparency , then using opensource technology is a great-butunderutilised tool for improving governance ”

MARTEN MÖLLER ESG LEAD , ALGBRA in corporate governance , whether it ' s insufficient anti-corruption measures , flawed incentive systems , conflicting lobbying efforts , ineffective board supervision or unprepared leadership .
In essence , sustainable governance lies at the core of the ESG agenda , and overlooking it can hinder a business ’ s sustainability progress .
How to improve corporate governance Aligning governance practices with ESG principles is increasingly becoming the norm , yet good governance involves more than just compliance . Boards must strike a balance between compliance and performance , focusing on improving organisational performance through strategy formulation and policy-making . Understanding the
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