In recent years, financial institutions have pivoted from solely emphasising green finance to investing in businesses that both adapt to and mitigate climate risk impacts.
KUALA LUMPUR, Feb 23, 2024 - ( JCN Newswire ) - The Institute of Corporate Directors Malaysia (?ICDM?) recently concluded a comprehensive survey across Southeast Asia in collaboration with its eight (8) partners under the ASEAN IOD Network that highlights the imperative for boards to sharpen their foresight to assess and steer their organisation?s business model, governance, talent, dynamics, and culture as they position their boards for the future.The survey of 335 respondents comprising boards and C-Suites management from across the region reiterates the urgency for boards to evaluate their effectiveness and shift their current strategic board priorities to ensure they address the key threats that they expect to be more prominent over the next two (2) years. The four (4) key threats include:(i) Having the right talent and leadership;(ii) Diplomacy in managing macro and geopolitical uncertainties;(iii) Sustainable and effective operational strategy;(iv) Board-management relationship a