Principles for climate and nature governance
This guidance from the World Economic Forum (WEF) sets out the four fundamental principles for effective climate and nature governance.
The IoD supports the introduction of a reporting standard to provide PBEs with a framework for service performance reporting.
Financial information alone doesn’t tell the whole story and accurate, timely and meaningful non-financial information is essential for good governance.
Introducing a new performance reporting regime will mean significant change for many PBEs and it is important that sufficient time and support is provided to enable an effective transition.