Experienced Business Leaders Steering Clear of Boardrooms Due to Heavy ESG Burden: CEO

Experienced Business Leaders Steering Clear of Boardrooms Due to Heavy ESG Burden: CEO
The BlackRock logo outside of its offices in New York on Jan. 18, 2012. Shannon Stapleton/Reuters
Daniel Y. Teng
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Heavy regulatory burdens that come packaged with trendy progressive agendas, like gender quotas, are keeping some of the most experienced executives from joining boardrooms, warns one CEO.

Speaking on condition of anonymity, the CEO in charge of an Australian publicly listed company revealed that many individuals choose to take on non-executive roles as a form of public service after many years at the pinnacle of their careers.

Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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