Director Essentials: A Director’s Guide to Carbon Accounting

Whether a company is working to adhere to anticipated regulations, address investor concerns, or trying to differentiate itself from its competitors, developing and managing the organization’s carbon strategy is becoming table stakes for every company. This report serves as a “how-to” for board directors who are engaging in carbon accounting for their company.

This Director Essentials publication provides basic information about common carbon benchmarking frameworks, best practices for board oversight, driving forces, and recommendations for immediate steps.

Consideration is given to both public and privately held companies and the report includes cuts of data by sector.

The focus on the board’s compensation committee has never been sharper. The components of compensation plans and the link between compensation and company performance are under intense scrutiny from shareholders, employees, policymakers, the media, and other stakeholders. The Report of the NACD Blue Ribbon Commission on the Compensation Committee revisits NACD’s 2003 Report of the NACD Blue Ribbon Commission on Executive Compensation to highlight the new environment in which compensation committees—and, more broadly, boards—are now operating. It recommends that the compensation committee and board work together to establish an executive compensation philosophy that supports the company in creating long-term, sustainable value.

The report includes ten specific recommendations for compensation committees to consider when evaluating their compensation philosophies. It also provides practical tools, such as sample compensation committee charters, a compensation committee assessment, and guidance on executive employment contracts.