Addressing climate change at board level
Climate Governance Initiative Network
20+ such networks world-wide are committed to working with each other to share knowledge and promote the adoption of the Principles for Effective Climate Governance at both a company-specific and systems level.
- educating and
non-executive director members with the skills and knowledge necessary to address climate change at board level.
The Climate Governance Challenge
The urgent need to address the climate emergency requires governments and business to accelerate the transition to a new economic model, which seeks to limit global average temperature increases to 1.5°C above pre-industrial levels, consistent with the 2018 recommendations of the Intergovernmental Panel on Climate Change (IPCC).
Climate change is shaping a new reality, creating risks and opportunities for business in a diverse number of ways. Investors, regulators and other stakeholders are now challenging companies to take responsibility by adopting an integrated, strategic approach to addressing the climate emergency.
Many if not most boardrooms are grappling with how to frame the risks and opportunities and embed a viable transition strategy into their business models. Boards of directors play a critical role in ensuring the long-term stewardship of the companies they oversee.