Sharing the latest news from NCVO
Welcome to the NCVO monthly governance round-up. This month they share lessons from their recent Governance Forum.
Lessons from our Governance Forum
Lessons from our Governance Forum
The Governance Forum is a space for governance professionals to come together and discuss the complex challenges facing the charity sector.
In our latest session we:
heard from the Charity Commission about their upcoming strategy
discussed equity, diversity, inclusion, and safeguarding with sponsors Stone King
heard about NCVO’s Fuelling Positive Change campaign.
Key takeaways from discussions included the following.
The use of the term ‘ESG’
This Forum focused on environmental, social and governance (ESG) challenges. But participants had some issues with the term. Some felt it didn’t capture the current work and aspirations of boards within these areas.
For many charities, social and environmental impact is explicit in their core delivery. This is especially true for grassroots and community organisations. These organisations can provide practical examples of ESG principles that go beyond corporate ESG frameworks.
Actions that fall under the ‘S’ of ESG should be considered as part of wider strategic discussions, not treated as separate issues. This includes setting EDI, safeguarding and sustainability goals.
Participants felt that charity governance is ready to move beyond ESG. We should instead focus on the social value and key impact work happening in the sector.
Read more here:
https://www.ncvo.org.uk/news-and-insights/news-index/governance-round-up-january-2024/
