Only 17% of Board Directors Can Handle These Looming, Profit-Killing Issues – A Discussion with Helle Bank Jorgensen

When you think about who holds the most power in a company, you likely picture the CEO. But a company’s board members are the true power players: they not only hire and fire the CEO but also act as guardians of the company’s long-term success.Do most boards have what it takes to meet the challenges of the future—especially those that are pounding on the door today? Not by a long shot.Imagine if only 17% of board members on your audit committee could read a profit and loss statement or a balance sheet. According to The Sustainability Board Report 2020, only 17% of board directors on forward-looking sustainability committees are “competent” to handle the looming, profit-killing issues boards now face, including climate change, ESG (environmental, social, and governance) challenges, diversity, human rights, cybersecurity, and more.Helle Bank Jorgensen is an internationally recognized expert on sustainable business practices, boasting a 30-year track record of turning environmental, social, and governance (ESG) risks into innovative and profitable business opportunities.Helle is the founder and chief executive of Competent Boards, which offers online climate and ESG programs from a faculty of over 100 renowned board members, executives, and experts.An advisor to global Fortune 500 boards and organizations—including Nike, Maersk, Shell, and Unilever—Helle also serves on high-profile international panels, including the World Economic Forum (WEF) Expert Network and Accounting for Sustainability (A4S). In 2020, she was awarded the Global Impact Award and named one of “five people in ESG to look out for.”During the interview, we discuss:what makes a steward of the futurewhy it’s more important than ever for boards to have ESG (environmental, social, and governance) insight and oversightrisks and opportunities that boards need to discusshow to bring fresh perspectives to the boardroom from younger generationsConnect after the interview.Website: https://competentboards.comTwitter: https://twitter.com/CompetentBoardsInstagram: https://www.instagram.com/esg_competent_boardsYouTube: https://www.youtube.com/channel/UCDQz0-yporcwRxdrsQv14kQLinkedIn: https://www.linkedin.com/in/hellebankRead “Stewards of the Future: A Guide for Competent Boards” https://www.amazon.com/Stewards-Future-Guide-Competent-Boards-ebook/dp/B09FTPJHBBClaim your free gift!We’re giving away a one-year membership to the world’s #1 business book summary service for leaders! Our gift will help you stay on top of the latest ideas, decide which books to read next, and engage your teams.To get your gift:Leave a rating or review on your favorite listening channel.Take a screenshot of your review.Share the screenshot on LinkedIn, and mention either “Allison Dunn” or “Deliberate Directions” and the “Deliberate Leaders Podcast”.=============Allison DunnExecutive Business CoachDeliberate Directions + Executive Business Coaching + Training Center3003 W Main Street, Suite 110, Boise ID 83702(208) 350-6551Website https://www.deliberatedirections.comLinkedIn https://www.linkedin.com/in/allisondunnPodcast https://podcasts.apple.com/us/podcast/deliberate-leaders-podcast-with-allison-dunn/id1500464675 Think First