ECLA : General Counsel Roundtable Brussels

This comprehensive resource delves into the crucial aspects of directors’ duties and their integration with overall business compliance. The discussion extends beyond the typical fiscal management to encompass areas of risk assessment, management, and the increasingly important sphere of Environmental, Social, and Governance (ESG) factors.

The first section presents a broad overview of general directors’ duties, emphasizing the fiduciary responsibilities that directors need to uphold within their companies. This section underscores the critical role directors play in safeguarding the company’s best interests and adhering to a high standard of conduct.

The second section zeroes in on risk assessment and management. It underscores the importance of directors taking a proactive stance in risk identification and mitigation, moving beyond merely reactive problem-solving.

The final section addresses a current pressing issue in modern corporate governance: ESG. In particular, the session explores how companies are incorporating ESG Key Performance Indicators (KPIs) into directors’ remuneration packages. The aim is to more closely align directors’ incentives with sustainable and socially responsible corporate performance. This session provides an invaluable lens into the evolution of governance structures to meet the demands of an ethically conscious business landscape.