Examples of Board Disclosures Related to Culture Oversight

In brief: The Report of the NACD Blue Ribbon Commission on Culture as a Corporate Asset recommends describing in shareholder communications how the board oversees corporate culture. This excerpt from the report includes examples of corporate disclosures around board-level culture oversight, culture as a risk factor, compensation and culture, and committee-specific responsibilities.

This resource can help your board

  • Describe board oversight of culture in disclosures to shareholders.
  • Consider the impact of culture within the risk assessment.
  • Link culture metrics to executive compensation.
  • Define committee responsibilities related to culture.

Most relevant audiences: ethics and culture committee members, risk committee members, and compensation committee members