From www.aicd.com.au: A recent KPMG Australia report reveals that 68% of directors find the current regulatory environment “challenging and stressful,” with rising accountability towards diverse stakeholder groups as a significant concern.

The report underscores the necessity for boards to adapt to increasing compliance demands, including new climate reporting regulations and evolving technology-related regulations.

Additionally, it emphasizes the need for diverse skill sets within boards to effectively navigate these complexities and the importance of long-term strategic planning.