Redefining Sustainability Governance in COVID-19 Crisis?

Welcome & Opening Remark

Sonia Tatar, Executive Director of INSEAD Corporate Governance Centre & INSEAD Wendel International Centre for Family Enterprise

Opening Address 

Ilian Mihov, Dean of INSEAD
Peter Bakker, President and CEO of the World Business Council for Sustainable Development (WBCSD)

Wise Power for Sustainability Governance

Marc Le Menestrel, Affiliate Professor of Decision Sciences

Followed by Q & A moderated by Ludo Van der Heyden, Founding Director of the INSEAD Corporate Governance Centre (ICGC) and Chaired Professor of Corporate Governance at INSEAD

The Role of the Board in Governing Sustainability: Risks and Responsibilities

Philippe Joubert, Founder and CEO of Earth on Board, Trustee of Client Earth and Senior Adviser and Special Envoy Energy and Climate at WBCSD

Followed by Q & A moderated by Marc Le Menestrel, Affiliate Professor of Decision Sciences

Panel Discussion - Leading Sustainability through Impact Measurement

Moderated by Katell Le Goulven, Executive Director of the Hoffmann Global Institute for Business and Society

Panelists:
Angela Bai, Secretary General of the China Alliance of Social Value Investment (CASVI)
Karina Litvack, Non-Executive Board Director of ENI S.p.A., Executive Board Director of Chapter Zero, Member of Board of Governors of CFA Institute and Non-Executive Director, BSR (Business for Social Responsibility)
Pavan Sukhdev, Goodwill Ambassador of UN Environment, Founder-CEO of GIST Advisory, President of WWF-International and Advisory Board of the Hoffmann Institute

Governing Sustainability in a Global Context

Ludo Van der Heyden, Founding Director of the INSEAD Corporate Governance Centre (ICGC) and Chaired Professor of Corporate Governance at INSEAD

Followed by Q & A moderated by Marc Le Menestrel, Affiliate Professor of Decision Sciences

Closing Remark & Introduction to Parallel Workshops

Marc Le Menestrel, Affiliate Professor of Decision Sciences
Mario Abela, Director, Redefining Value, World Business Council for Sustainable Development
Rodney Irwin, Managing Director, Redefining Value and Education, World Business Council for Sustainable Development

Parallel Workshops (registration required)

• Workshop 1: Modernising Governance: Practical Resources for Directors facilitated by Mario Abela

  The common assumption that shareholder primacy is the objective of good governance is facing challenge. No longer can board directors consider shareholder wealth maximisation without regarding the needs of other stakeholders. Value creation should be value to all stakeholders. The role of the board is changing and to ensure directors maintain their duties and fiduciary responsibilities it is necessary to modernize governance.

  The purpose of this workshop is to:

  • guide directors through a series of scenarios whereby they consider in a practical way how environmental, social and governance considerations can be integrated into their holistic decision-making

  • consider the maturity of their board in understanding and integrating these challenges

  • share recently launched WBCSD resources to support this embedding.

  The workshop will focus on existing board responsibilities and consider the extent to which sustainability is integrated into the purpose and business model, risk management and non-financial reporting. This workshop also takes directors through the importance of engaging with management but also stakeholders more broadly.

• Workshop 2: Understanding and Integrating ESG-related Risks into Enterprise Risk Management facilitated by Rodney Irwin

  Boards are increasingly being faced with the changing and disruptive impacts of environmental and social issues which are challenging traditional approaches to managing risks. Board oversight of ESG-related risks is critical to business success and long-term strategic resilience. Understanding and oversight of the risks and opportunities that the changing landscape presents to business demands that at the highest level, there is consideration to the impact on the business model and achievement of strategic objectives. This workshop that seeks to address some of the environmental and social challenges facing Board Directors today. 

  The purpose of this workshop is to:

  • guide directors through an understand of their legal obligations in providing effective oversight of risks;

  • appreciate the impacts that environmental and social issues on your business model;

  • practical tools on how to exercise that oversight by providing challenge to management.

  The workshop will be practical and deal with real scenarios facing business today.

• Workshop 3: The Sustainability Imperative: A View from the Chair facilitated by Prof. Marc Le Menestrel

  In this workshop, we will look at sustainability from the inside-out. Participants are requested to read the preparatory case-study which is depicting the introspection of the Chair of a large financial fund on strategic sustainability. Dejected after an argument with his/her daughter, the Chair reflects on his/her failure to convince. Progressively, the Chair uncovers the many facets and layers that prevent him/her to embrace the topic for what it truly is.  In the workshop, we will review a few keys to open the door towards a smarter than rational approach to sustainability: a path to reconnect with your purpose and with the meaning of it all.

Introduction to INSEAD Directors' Network

Get to know the INSEAD Directors’ Network and find out how you can engage with the alumni club

Helen Pitcher OBE, IDN President, Chair, NED, Chair Board Committees

Followed by Breakout Sessions

Peer-to-peer discussion on how boards are handling the crisis impact on organisations and sustainability
(Chatham rules will apply in these small group discussions.)

Facilitated by IDN Board Members and IDN Ambassadors - all practicing board directors

New INSEAD Certified Directors in Corporate Governance

(applicable to newly certified directors who obtained their certification in April 2020)

Current Student 

INSEAD Alumni: Members of National Alumni Association (NAA)

INSEAD Alumni: Non-Members of NAAs

World Business Council for Sustainable Development (WBCSD) Members

Non-INSEAD Alumni and Other

Attend one of the three practical workshop sessions*:

Workshop 1 : Effective Stakeholders Engagement in Sustainability Governance
Workshop 2 : Understanding and Integrating ESG-related Risks into Enterprise Risk Management
Workshop 3 : The Sustainability Imperative: The View from the Chair

Introduction to INSEAD Directors' Network (IDN)*

​ (exclusively for INSEAD Alumni and New Certified Directors of Corporate Governance who wish to find out more about the alumni club)