Prepping for the Rising Demand of ESG (And Why Founders Should Be Doing It) with Diligent's COO
A Talk by Lisa Edwards
President & COO,
About this talk
Growing SaaS companies are now operating in a rapidly shifting market in which investors and stakeholders are demanding increased transparency, ethical behavior and culture, and effective risk oversight. And the cost of getting these things wrong are well documented – fines from regulatory bodies, increased legal expenses, complaints of a toxic company culture, and value erosion. Gone are the days when all you had to do was demonstrate strong growth rates and hit financial targets. Today’s SaaS all-stars must also demonstrate that their companies are well governed and have a thoughtful approach on critical ESG topics like environmental impact and diversity Strong governance practices are critical to demonstrate transparency, proper risk oversight, and to meet increasing demands for ESG disclosures and commitments. In order to be IPO-ready, companies need to think about their governance practices from the earliest stage, ensuring their business is rooted in ethical behavior and business principles, so they can create long-term value for stakeholders. In particular, Lisa can speak to:
• The emergence of ESG commitments in the boardroom and C-suite, and how SaaS companies are building tools to increase board diversity and provide better corporate oversight through monitoring and measuring ESG.
• Why filling top executive roles with qualified candidates from across the spectrum of race, ethnicity, nationality, LGBTQ+ status, gender, age and expertise is essential to modern governance.
• What can growing SaaS company boards do to make sure their ESG policies are up to date and in-line with their most current shareholders’ and customers’ needs?