Tips for becoming environmental, social & governance board leaders despite the lack of ESG clarity and standards.

Companies, and the boards that run them, are in an ESG quandary.

While funds and activists can set their social responsibility standards, the businesses they invest in are left to make sense of too-often vague or contradictory measures. Environmental, social and governance considerations, by their nature, are subjective. All major ESG standards — ISS, Glass-Lewis, Fidelity, BlackRock and so on — differ; sometimes in crucial ways. Most importantly, they often do not focus on issues that are material, or even applicable, to the companies they are grading.

Key questions loom.

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