Sustainability Committee Charter Tool
In brief: Increased investor interest in a company’s environmental and social practices and risks has led companies to create a new standing board committee centered on sustainability issues. This voluntary committee’s scope and name can differ depending on the company’s focus, with names ranging from an environmental committee to a health, safety, and environment committee. This tool outlines the process for creating and updating a sustainability charter. It also includes sample language for common components.
This resource can help your board to
- understand the purpose of a sustainability charter,
- draft an initial sustainability charter, and
- update an existing sustainability charter.
Most relevant audiences: nominating and governance committee members and chairs, general counsel, and corporate secretaries