The Quiet Shift in the Boardroom The decision goes through without anyone objecting. The information is solid. The advisors agree. The minutes show careful consideration. From the outside, everything looks in order. The board has done what it was meant to do. And yet, time passes, and something doesn’t sit right. Weeks later, that feeling is still there. Nothing specific is “wrong,” but the discomfort doesn’t go away. It’s not about process. It’s about what the decision set i

In the Indian corporate-governance landscape, few developments have drawn as much attention in recent months as the decision of the state of Kerala to adopt a full-fledged investment policy grounded in Environment, Social and Governance (ESG) principles. On the face of it, this is a bold move: a sub-national jurisdiction attempting to position itself not just as an industrial destination, but as a sustainable  industrial destination. The question we ask today is two-fold: Wil

Businesses are under unexpected pressure to transition from ethical capitalism and shareholder advocacy to climate imperatives and...