Advisory Boards in Action Globally

Latest News

Published 21 December 2022

UPDATED: 10 October 2023

 

SHORTCUTS TO ITEMS FEATURED IN THE State of the Market 2023-25:

HEALTH

Palantir (United States)

The advisory board addresses critically important issues, such as addressing public health infrastructure, managing the challenges associated with supply chain and logistics, and supporting national security missions, enabling Palantir to continue to meet the evolving and complex needs of its United States Government (USG) partners.

Health Data Research UK (United Kingdom)

Health Data Research UK draws on the expertise of advisory boards to provide guidance and advice on its strategy.

TOURISM & HOSPITALITY

Airbnb (United States)

Airbnb created the Host Advisory Board in 2020 to give Hosts a seat at the table and positively influence all aspects of Airbnb’s work, from safety to Host tools and empowerment. Now in its third term, the Host Advisory Board are important partners in providing feedback that helps shape Airbnb policies, programs and tools.

FINANCE

Aon (United Kingdom)

Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions, formed an M&A and Transaction Solutions Advisory Board. The advisory board will support the growth and development of Aon’s M&A practice across the UK and EMEA, as it continues to expand its client offerings to include solutions for intellectual property, cyber security and digital performance, retirement, benefits, talent and compensation, structured credit, tax and litigation risks, ESG and more.

BT (United Kingdom)

The purpose of the PAB is for industry-leading companies of all sizes to come together to discuss and share insights and best practices, examine innovative propositions and debate potential solutions to current and future challenges. “At BT our purpose is to connect for good, and to do so in a way that is inclusive, responsible, and sustainable – our new Partner Advisory Board is no better example of this in action.”

Deutsche Bank (Germany)

Deutsche Bank’s Management Board has created a new Global Advisory Board comprising experts from business, academia and politics, whose task it is to advise the Management Board on fundamental macroeconomic, geopolitical and technological developments that have a significant impact on the bank’s operating environment.

Moody’s (Australia)

Comprised of senior leaders from across our company, these 21 individuals from numerous entities and geographies have generously volunteered their time, expertise, and skills to benefit our social investing partners who focus on empowering small businesses and supporting ecosystem restoration in emerging markets. The members will support the Moody’s Foundation Board and advance our comprehensive support model by providing our social investing partners with insights and tools, including pro bono access to Moody’s research and solutions, to help them solve business problems and identify new opportunities.

 

TECHNOLOGY & crypto

Binance (China)

Binance, the world’s largest crypto exchange by trading volume, has rounded up prominent former government officials to act as a global board of advisers as the company negotiates the regulatory and political minefield the crypto industry finds itself in.

Department of Commerce (United States)

The advisory group will provide evidence on matters including the identification of federal regulations and programs that could inhibit or promote the development of the internet of things (IoT), as well as situations in which the technology could deliver significant economic and societal benefits.

Glassbox (United Kingdom)

This advisory board will provide the company’s leadership expertise as Glassbox continues to expand its global presence and develop its business direction in 2023 and beyond.

GemSet (United States)

The talented and experienced group will be lending their expertise as the work begins to bring the GemSet NFT collection to life. The advisory board includes experts in art, blockchain technology, and more.

Frontier Model Forum (United States)

The Forum will focus on three key areas over the coming year to support the safe and responsible development of frontier AI models — promote knowledge sharing and best practices among industry, governments, civil society, and academia, support the AI safety ecosystem by identifying the most important open research questions on AI safety, and facilitate information sharing among companies and governments.

CLIMATE & SUSTAINABILITY

European Environment Agency (Denmark)

The European Climate Law, adopted in June 2021, sets out a binding objective of climate neutrality in the European Union by 2050. The European Climate Law also provides for the establishment of a European Scientific Advisory Board on Climate Change. The Advisory Board provides independent scientific advice and produces reports on EU measures, climate targets and indicative greenhouse gas budgets and their coherence with the European Climate Law and the EU’s international commitments under the Paris Agreement.

Norges Bank Investment Management (Norway)

The board will advise on NBIM’s approach to managing climate-related risks and opportunities, including the implementation of its climate action plan. It will advise on sustainable finance and climate risk developments, review and contribute to NBIM’s policies on climate risk and advise on the exercise of NBIM’s ownership rights and the appropriate approach to companies, including on voting and dialogue, related to climate risk. It will advise on NBIM initiatives to develop market standards on climate risk, including approaches to regulators and other standard setters. The board will also be responsible for assessing and evaluating NBIM’s climate-related activities, results and reporting against NBIM governing documents and international best practice.

Google Cloud (United States)

The Point Carbon Zero Program was launched with the intention of providing financial and growth opportunities for climate fintech companies and start-ups in Asia. According to Google Cloud, the advisory board will take an integrative approach to facilitate reliable and efficient flows of environmental, social, and governance (ESG) data, and design data-driven solutions as well as financial instruments to advance the decarbonisation agendas of organisations.

Aon (United Kingdom)

The Point Carbon Zero Program was launched with the intention of providing financial and growth opportunities for climate fintech companies and start-ups in Asia. According to Google Cloud, the advisory board will take an integrative approach to facilitate reliable and efficient flows of environmental, social, and governance (ESG) data, and design data-driven solutions as well as financial instruments to advance the decarbonisation agendas of organisations.


New York State Energy Research and Development Authority (United States)

The Investor Advisory Board features highly distinguished financial and corporate investors focused on early-stage clean energy companies. The Board assists NYSERDA in developing long-term strategic plans and increasing near-term programmatic impact to accelerate the pace of clean energy innovation in New York State. Board members share best practices about due diligence, portfolio management and syndication of deals to help emerging companies develop and bring technology to the marketplace more quickly.

UOB (Singapore)

The panel was created to advise the bank’s board and management on a range of matters such as sustainability trends, the management of environmental, social and governance-related risks and opportunities, as well as UOB’s overall sustainability strategy, targets and initiatives.

Energy Market Authority (Singapore)

The EMA established an advisory panel on energy supply resiliency with the goal of identifying strategies to improve the reliability of Singapore’s fuel and energy system.  The statutory board said its new advisory panel will examine and recommend strategies to mitigate potential disruptions and uncertainties across the energy supply chain, including upstream sources and domestic generation facilities.

COMMUNICATIONS & EDUCATION

Edelman (United Kingdom)

Leading global communications marketing firm Edelman utilises an advisory board to counsel the firm’s senior management and clients on geopolitical and industry issues. The board, whose members bring diverse backgrounds spanning media, technology, finance, business and government, meets twice a year and works with local leaders as the firm looks to diversify its revenue globally.

Saïd Business School, Oxford University (United Kingdom)

Leaders from business and government who provide advice, ongoing deep connections to organisations, and serve as role models for our community. The Global Leadership Council has broader representation and serves as a sounding board for the School.

King AbdulAziz University (Saudi Arabia)

One of the fundamental aims of the strategic plan of King Abdulaziz University (The Founder’s University) is to promote the University’s partnerships with distinguished scientific, research and industrial institutions. An International Advisory Board was established in 2011 to achieve the university’s goal of international distinction.

University of Edinburgh (United Kingdom)

The function of the International Advisory Board is to provide independent, external and commercially orientated advice to the University of Edinburgh Business School.

GOVERNMENT

United States of America

The President’s Intelligence Advisory Board is an independent element within the Executive Office of the President. It exists exclusively to assist the President with an independent source of advice on the effectiveness with which the Intelligence Community is meeting the nation’s intelligence needs and the vigour and insight with which the community plans for the future. The President is able to appoint up to 16 members to the Board.

The National Cancer Advisory Board plays an important role in guiding the Director of the National Cancer Institute in setting the course for the national cancer research program. The National Cancer Advisory Board will complement the Cancer Moonshot, which President Biden reignited a year ago to end cancer as we know it today – including by making sure his Administration is investing in research and development that will help advance breakthroughs to prevent, detect, and treat diseases like cancer.

The National Science Board establishes the policies of the National Science Foundation (NSF) and serves as an advisor to Congress and the President. The Board approves major NSF awards, provides congressional testimony and issues statements relevant to the nation’s science and engineering enterprise. The President is able to appoint up to 24 members to the Board, each for a term of six years.

The NSABB is a federal advisory committee that addresses issues related to biosecurity and dual-use research at the request of the United States Government. The NSABB has up to 25 voting members with a broad range of expertise including molecular biology, microbiology, infectious diseases, biosafety, public health, veterinary medicine, plant health, national security, biodefense, law enforcement, scientific publishing, and other related fields.

Canada

Prime Minister Justin Trudeau announced the members of the Independent Advisory Board for Supreme Court of Canada Judicial Appointments. The members of the Independent Advisory Board will identify candidates to fill the upcoming Supreme Court of Canada vacancy, which will be created by the retirement of the Honourable Michael J. Moldaver in September. Coming from diverse backgrounds, the members will work alongside the Honourable H. Wade MacLauchlan, Chair of this independent and non-partisan board, to identify candidates who are jurists of the highest calibre, functionally bilingual, and representative of the diversity of our country.

United Kingdom

The Mayor of London Sadiq Khan, formed a Business Advisory Board to champion London’s economic growth – how policy can deliver positive outcomes for London’s businesses, growth, and job creation

The Government Cyber Security Strategy (GCSS) was launched in January 2022 outlining the vision to ensure that core government functions are resilient to cyber attacks, strengthening the UK as a sovereign nation and cementing its authority as a democratic and responsible cyber power. GCSAB will be a body comprised of independent external experts to build better links between government, the private sector and academia. It will provide independent perspectives and input from experts across industry and academia into providing solutions to the challenges of government cyber security, through rigorous challenges and driving best practices across government.

The TAB is a non-departmental public body which was first established under the Regulation of Investigatory Powers Act 2000 (RIPA) and is now maintained under the Investigatory Powers Act 2016 (IPA), with members appointed by the Secretary of State.

Singapore

The Scientific Advisory Board (SAB) is a multi-disciplinary international board with expertise in broad areas of technology. SAB convenes annually in Singapore to advise on NRF’s policies and programmes.

Australia

In 2022, the Australian Government passed the Aged Care and Other Legislation Amendment (Royal Commission Response) Bill 2022. The Bill implements nine measures to improve aged care and responds to 17 recommendations of the Royal Commission into Aged Care Quality and Safety. New organisational requirements include the establishment of two advisory boards – a quality care advisory body and a consumer advisory body.

The National COVID-19 Health and Research Advisory Committee was established in April 2020 to advise Australia’s health response to the COVID-19 pandemic to the Commonwealth Chief Medical Officer.

The new Public Trustee Advisory and Monitoring Board will enhance transparency and public accountability of the services provided by the Public Trustee. The Board will monitor the performance of the Public Trustee’s functions and provide advice and make recommendations to for legislative change or improvements, while also being able to give advice and recommendations to the Public Trustee.

The Federal Minister for Agriculture, David Littleproud requested the Department of Agriculture, Water and the Environment (DAWE) appoint the Organics Industry Advisory Group in December 2020. The group consists of 16 individuals representing multiple industry sectors, each with a long-standing commercial interest in the organic industry. The single purpose of the group is to review whether the current regulatory framework is fit for purpose and will allow the Australian organic industry to reach its full potential.

The purpose of a CSIRO Advisory Group (CAG) is to provide independent, external advice to CSIRO on the national challenges and opportunities of a broad sector of the Australian economy, society or environment in which CSIRO is involved. It also provides guidance on how CSIRO might address these challenges and opportunities, the appropriateness of its pathways to impact, and broader strategic issues relevant to the sectors in which CSIRO operates.

The ACNC Advisory Board meets quarterly to support and advise the Commissioner. Appointed by the Minister, it is comprised of up to eight general members with expertise in the charity or not-for-profit sector, the law, taxation or accounting and office holders. General members are appointed for a term of up to three years.

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