Risk culture: Who’s watching the board?

Vera Cherepanova discusses ethical leadership, from boardroom blind spots to the ethical implications of AI and investor short-termism, this conversation is a call to action for those who want governance to matter. She highlights the importance of boards fostering ethical reflection and embedding values into strategy, especially amidst ESG policy changes and the new US administration's executive orders. Cherepanova notes three types of corporate responses to ESG challenges: withdrawal, green hushing, and public resistance. She stresses the need for boards to ask good questions, formulate great questions, and recognize their role in defining organizational values. Cherepanova also introduces a new board ethics and compliance assessment tool to help boards structure their ethical frameworks.