Tactics for successful board renewal in the name of climate change
Corporate boards play a crucial role in setting company policies, long-term goals, and overseeing corporate officers and executives. Recently, there has been an increased focus on climate change in a board context. Many investors are actively driving public companies to significantly reduce greenhouse gas emissions through their ownership positions.
In this new Misum case study, Emma Sjöström highlights and contrasts two cases where shareholders have sought to nominate candidates for board membership in the name of climate change, with varying results. Through comparing these cases, success factors for board renewal are identified.
The case study is part of a larger research project funded by Vinnova in collaboration with Sjunde AP-fonden, AP7 and with additional support from Mistra, Stiftelsen för miljöstrategisk forskning.