FCA: 'Too early' for rules over sustainable board members

The FCA has confirmed it is "too early" for the make-up of corporate boards to be mandated with specific sustainability expertise. Despite a rise in sustainability-related litigation aimed at company directors, the FCA's director of ESG likened the need for boards to evolve their expertise instinctively, "just as has been done with IT or cyber risks." Speaking at the FT's Moral Money conference yesterday (23 March), Sacha Sadan said: "Maybe boards do need to move some people off and bring some new people on. We have been writing about this and are trying to help, but we're not puttin...