The Mauritius Institute of Directors and one of its founding members, HSBC Mauritius, join forces to launch the Mauritian Chapter of the Climate Governance Initiative
Climate Governance Initiative Mauritius successfully launched this morning at an event at Royal Green, Moka, with insightful speeches, including from the Honorable Mahen Kumar Seeruttun, Minister of Financial Services and Good Governance, and Sunita Rajakumar, chairperson and director, Climate Governance Malaysia.
The Mauritian Chapter came to fruition through the collaboration between the Mauritius Institute of Directors (MIoD) and HSBC Mauritius, consisting of both executive and non-executive directors from various boards of directors in Mauritius, as well as experts on this subject. The MIoD will incorporate the work of Climate Governance Initiative Mauritius in responding to the challenges posed by climate change as an integral part of its advocacy pillar, which is key to the Mauritian business landscape.
The Chapter will organise various activities, forums, training sessions, and networking events to enable directors to enhance their skills in climate governance.
“Climate change has become a significant risk, requiring immediate action for a transition to an economic model in line with the recommendations of the Intergovernmental Panel on Climate Change (IPCC),” says Sheila Ujoodha, Chief Executive Officer of MIoD, adding: “We are delighted to partner with HSBC, one of our founding members, to establish a Chapter of the Climate Governance Initiative in Mauritius”.
“This collaboration aims to mobilise the boards of directors of companies in Mauritius to address strategic challenges related to climate change, as we transition to Net Zero by 2030 or earlier,” adds Greg Lowden, Chief Executive Officer of HSBC Mauritius.
“We are delighted to welcome Mauritius to the Climate Governance Initiative’s global network,” says Alexandra Bolton, Director of the Climate Governance Initiative. “Working together with HSBC and the Mauritian Institute of Directors, the Chapter will support non-executive directors in Mauritius to address climate change in their businesses. The Climate Governance Initiative looks forward to working with the Chapter on this crucial mission.”
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