Climate Governance Initiative

We interviewed 17 board directors from across the world to find out their motivations for taking action in their boardrooms on climate. In the wake of our research that only a third of board directors globally see climate as a high priority in their boardrooms, why should boards care about climate and sustainability? The board directors we spoke to pointed to a variety of reasons, like: 💰 lowering a company’s cost of capital 👩💼 providing certainty to investors and employees 📈 extending their competitive advantage over other businesses 🚢  mitigating physical climate risks that impact the business’ supply chain 🌏 leaving a liveable planet for their relatives and the next generation. What motivates you to take action in your boardroom on the climate crisis? #DirectorsforClimateAction With thanks to our interviewees: Alexandra Bolton, Shai Ganu, Agnes K Y Tai, PhD 戴洁莹, Peju Adebajo, Barbara J Duganier, Yves Hayaux du Tilly, Charles Ehrhart, Sunita Rajakumar, Liselotte Hägertz Engstam 🌏♦️, Shailesh Haribhakti [GCB.D], Juan Carlos Olmedo, Daniela Mattheus.

📅 Don't miss out - Events taking place this week: 📌 Generative AI for Boards - Webinar & Peer Exchange on Generative AI from the Boards Impact Forum August 15 8:00-9:30 AM CET ➡ Online webinar - share and discuss board dilemmas related to the Generative AI challenges, especially in the context of the sustainability challenges we face. ➡ Register for the event here: https://lnkd.in/d9aTcrdY 📌 Chapter Zero New Zealand breakfast | Climate change collaboration between the board & CEO Fri 16th Aug 7:00am - 9:00am (NZST) ➡ Three CEOs provide their perspectives on climate leadership and working with their boards on the shared challenge. ➡ View full event information here: https://lnkd.in/gZNSUXnx ➡ Location: Hilton, Auckland, 147 Quay Street, Auckland CBD, Auckland 1010, New Zealand. Check our events page which is regularly updated with #ClimateGovernance events from across the world: https://lnkd.in/dbyhp788

Join us on 2nd October and become the board of a global company as they navigate multiple dilemmas to transition towards a #naturepositive and #netzero future Register here ➡ https://lnkd.in/eWwpXMsQ

We have an opening for a Community Engagement Manager at the Climate Governance Initiative. Learn more about the opportunity by following the link in the post below and apply by 27 August 👇

🌳 Over half of global GDP is highly or moderately dependent on nature, but it rarely features on balance sheets. Chapter Zero New Zealand's recent webinar examined sector dependency on nature and the importance of incorporating it into ESG frameworks, and you can now watch it on demand ▶ Watch the webinar by following the link in their post below, or read their article summary at 👉 https://bit.ly/4fnNrJN #ClimateGovernance #Nature #ESG

🎙 New podcast episode live 🎙 Alexandra Bolton, Director of the Climate Governance Initiative, speaks about #ClimateGovernance as a guest on Kantar's Sustainable Futures podcast. Listen to the episode on your favourite podcast platform here 👉 https://loom.ly/7a7ZzuA The podcast is hosted by Kantar's Jonathan Hall, who interviews guests Alexandra Bolton, Emily Hill and Vicky Moffatt. They discuss: 💬 What barriers and opportunities board directors see in accelerating the transformation of their businesses to succeed in a zero-carbon economy 💬 How board directors globally perceive climate action and how it fits with their other priorities on the board 💬 The findings from our study of board director views across 20 countries:

This month, the Climate Governance Initiative invited the IFC - International Finance Corporation to share insights on the #SustainableFinance transactions available to board directors across the Latin American region. In discussion with more than 30 board directors from across #LatinAmerica in a sold-out event, our speakers from IFC highlighted that:   ♦ Board-level engagement with sustainable finance remains very low.   ♦ Boards can consider opportunities for sustainable finance transactions, including specific project funding for climate and target financing tied to #ESG performance, along with #biodiversity finance for Nature-Based Solutions.  ♦ There are opportunities for boards to receive support during sustainable finance transactions.  A full summary is now available on the Climate Governance Hub 👉 https://bit.ly/3AbqOrH Thanks again to our Chapter representatives and guest speakers, plus all of those who registered to participate. 

A real meeting of minds last week at the Taj in Mumbai, where I carried the good word about the Climate Governance Initiative to 20 board directors from India. Mumbai is close to the top of the list of cities likely to be affected by rising sea levels, so it couldn’t be more important to raise the capacity of Indian companies to meet the challenge. We heard from chairs and directors in a wide variety of sectors about their experiences and challenges of pushing this agenda in the boardroom, and were treated to a rousing call to arms by the inspiring Rajeev Peshawaria. The event was brilliantly orchestrated by the Stewardship Asia Centre and the World Economic Forum, with titanic support from our friends and partners at Deloitte. Thank you to Gim Huay Neo from WEF and her colleagues, to the great Joanna Soh, chairperson of Deloitte India Shefali Goradia, and the engaging and engaged board directors who made this gathering such a pleasure.

Thank you to everyone who registered for our sold-out programme, Exploring opportunities for sustainable finance in Latin America. This was our first-ever regional networking meeting, designed as a forum for board directors to learn about and discuss climate with peers from throughout Central America, South America, and the Caribbean.  Special thanks to our guest speakers from IFC - International Finance Corporation, Carla Toledo and Oxana Megglé, as well as to our chapter representatives from Chapter Zero México, Chapter Zero Chile, CGI CAC and Chapter Zero Brazil (IBGC - Instituto Brasileiro de Governança Corporativa).   We will release our event summary shortly to the Climate Governance Hub. #climategovernance #sustainablefinance

🌏 The sustainability agenda must belong to everyone in the boardroom. So how can directors set the right boardroom culture – one that will allow their businesses to unlock opportunities, minimise climate risks and ensure the company’s long term success? Our latest article draws on insight and learnings from transformational directors in climate leadership from around the world who attended our workshop with the World Economic Forum last month. Read the article here to learn about barriers to building an enabling environment on the board and success factors identified by the board directors 👉 https://lnkd.in/eEwhwMmQ