While some firms are starting to make progress, much more needs to be done to increase the diversity of experience, thought, background and attributes at senior levels, to reduce the likelihood of groupthink, reduce overconfidence, improve decision-making, increase the level of internal challenge, improve risk management, and reduce excessive resistance to external challenge.
Raising the Bar on Climate Ambition: Road to COP 26 Remarks by Ignazio Visco Governor of the Bank of Italy Asian Development Bank – 54th Annual Meeting of the Board of Governors Virtual event, 4 May 2021  •  Climate change and the pandemic are the most important global problems of our times.