SUSTAINABILITY IS SELDOM A PRIORITY AMONG BOARDS IN THE ASIA PACIFIC

KUALA LUMPUR, June 24 (Bernama) -- Sustainability is seldom a board-level priority in the Asia Pacific, with a lack of intent and ability holding boards back, revealed a research study conducted by Stewardship Asia Centre (SAC) with the support of 13 institutions across 11 Asia-Pacific countries.

Based on the study “Boards as Stewards of Sustainability: View Across Asia Pacific,” only 21% of respondents indicated that sustainability is a responsibility of the entire board. About 26% of respondents said sustainability is the responsibility of the board's chairman or the C-suite executive, and 16% shared that no one owns sustainability on their boards.