Sustainable Governance
Assessment of a company’s sustainability governance
KPI | Scope | Key Criteria | Best Practice |
---|---|---|---|
Assessment of a Company’s Sustainability Governance | All proteins | Collective responsibility of the board to discuss ESG issues. | Best practice is awarded when the board of company is formally mandated to oversee sustainability/ESG issues. |
Assessment of a Company’s Sustainability Governance | All proteins | Materiality assessment that discloses outcomes and has oversight from the board. | Best practice is when the company conducts a materiality assessment, publicly discloses outcomes, discusses how the board is involved and has oversight |
Assessment of a Company’s Sustainability Governance | All proteins | Board members have relevant expertise (sustainability, food safety, product development and innovation). | Best practice is awarded when –a board member with sustainability expertise, food safety expertise and expertise in product development and innovation Best practice is awarded when –a board member with expertise in food safety Best practice is awarded when –a board member with expertise in product development and innovation. |
Assessment of a Company’s Sustainability Governance | All proteins | Incentive framework linked to climate performance. | Best practice is awarded when company set executive monetary remunerations linked with sustainability performance and discloses the % linked to variable compensation. |
Assessment of a Company’s Sustainability Governance | All proteins | Engagement with public policy officials and civil association on ESG issues. | Best practice is awarded when company has the policy engagement on ESG issues. |
Assessment of a Company’s Sustainability Governance | All proteins | Disclosure of approach to innovation and benchmarking to understand position. | Best practice is awarded when company discusses strategic approach to innovation Best practice is awarded when a company discloses show a company benchmarks itself against sector peers in sustainability and innovation. |
Governance 2023 Changes
No major changes in 2023
Governance Aligned Subject-matter Experts & Frameworks
![Experts-GOV](https://images.ctfassets.net/kc2xclar6nri/1UxW3UHIJtMNS1rN7OWUYT/7db79716d67f17d01317aed1d6da8a3e/Experts-GOV.png?w=1344)