Independent board member

Board members that exercise independent judgment free from any external influence or conflicts of interest. Independence generally means the exercise of objective, unfettered judgement. When used as the measure by which to judge the appearance of independence, or to categorise a non-executive member of the administrative, management and supervisory bodies or their committees as independent, it means the absence of an interest, position, association or relationship which, when judged from the perspective of a reasonable and informed third party, is likely to influence unduly or cause bias in decision-making.

Related keywords
A
Administrative, management and supervisory bodies
N
Non-employees
I
Impacts
P
Policy

Stay informed

Get Coolset's latest updates on upcoming regulations, case studies and product features. Curated by our team of climate experts.