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Institute of Corporate Governance of Uganda

An enterprise sector that upholds international best practice in corporate governance

Corporate Governance and Sustainability

News update Thursday, 11 April 2019 12:59
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Good governance ultimately fosters sustainability, creates sustainable values and helps companies achieve their values. Companies also realize long-term benefits, including reducing risks, attracting new investors and shareholders, and increasing the company’s equity.

As the quest for corporate sustainability continues to improve and enhance the principles of good corporate governance, companies will feel pressured to support their efforts with transparency and public disclosure. Transparency efforts will provide information to the general public on the relationship between corporate governance and improved sustainability. The better informed stakeholders are about the connection between corporate governance and sustainability, the more apparent the relationship will become over time. The best way to accomplish that is by implementing a board portal by Diligent, which supports all aspects of corporate governance.

The marketplace has seen a flurry of change during the recent tumultuous financial times. The relationship between good corporate governance and sustainability is just one part of the evolution of corporate businesses. Good governance certainly helps companies withstand the ups and downs of the marketplace. Perhaps one day soon, sustainability measures will be considered best practices.

By Nicholas J. Price January

Last modified on Thursday, 11 April 2019 13:24

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