NACD - National Association of Corporate Directors

Boardroom Accountability

Volvo Penta of the Americas President Joins Nationally Recognized Community of Corporate Directors

Following up on the successful “Boardroom Accountability Project” launched in the fall of 2014 to give investors a meaningful voice in director elections through proxy access, New York City Comptroller Scott M. Stringer and the New York City Pension Funds (the “NYC Funds”) launched the “Boardroom Accountability Project 2.0” in September 2017. The next phase of the campaign ratchets up pressure on companies to improve the quality of their boards of directors, with particular emphasis on diversity of gender and race and on climate competence, so that they are positioned to deliver better long-term sustainable returns for investors.

To read the full article, visit Harvard Law School Forum on Corporate Governance and Financial Regulation.