<< Back to News

Board Agenda 2020: Eight priorities for boards as they tackle the COVID-19 crisis

As the board agenda is getting more complex, boards must stay on top of key issues affecting European businesses.

COVID-19 is the greatest challenge that most European boards have ever faced. The pandemic is forcing them to navigate an extremely difficult business environment and pivot quickly in response to a string of unexpected scenarios.

Nevertheless COVID-19 is far from being the only challenge that European boards face today. In their oversight capacity, they are expected to address a broad range of other issues. These span evergreen concerns, such as strategy setting, stakeholder engagement, and approving the objectives and remuneration of executives, through to complex and large-scale challenges that are timely in nature, such as climate change, digital transformation and financial crime.

With so much to consider, it can be hard for boards to identify the areas that most need their focus. For this reason, the EY Center for Board Matters produced Board Agenda 2020. As well as COVID-19, the publication identifies seven other corporate governance matters that we believe should be the strategic priorities for boards and audit committees over the coming months. The suggested priorities are not ranked in order of importance since their significance will vary by country, organization and sector. Nevertheless, they all require at least some consideration from boards.

The topics explored are:

https://www.ey.com/en_us/board-matters/board-agenda-2020-eight-priorities-for-boards-as-they-tackle-the-covid-19-crisis

Stay Informed

Sign up to receive email news and information from MWi.