Effective governance in European organisations is increasingly reliant on proper board training, which has transformed from a mere preference to a legal necessity. With evolving regulatory demands, board members now face the challenge of staying informed and competent amid complex risks, such as ESG compliance and cybersecurity oversight.
Key Points
- Board training is now essential for meeting governance demands across Europe.
- Legal and regulatory expectations have increased, especially regarding ESG literacy and cybersecurity.
- The Corporate Sustainability Reporting Directive mandates boards to report on ESG governance structures.
- In the UK, the Corporate Governance Code requires ongoing director development and clear evidence of training.
- Untrained boards face risks such as regulatory non-compliance and strategic blind spots.
Why should I read this?
If you’re involved in governance or corporate decision-making, this article is a must-read! It’s all about staying on top of your game in a rapidly evolving regulatory landscape. You’ll discover why board training isn’t just a box to tick anymore but a crucial part of responsible governance. Save yourself from potential chaos by learning how to navigate these changes effectively!
