Climate Governance Initiative

Climate and Nature Disclosure Navigator

The route to successful climate and nature disclosure

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Questions to consider in the boardroom by committee

Audit & Risk Committee

  • Is the organisation meeting its statutory obligations for reporting and disclosure of natural capital-related risks and opportunities?  
  • If there is no statutory obligation, does the company understand which of the voluntary frameworks is best suited for this purpose, and is it using it?  
  • Are those climate and nature-related issues included in the financial statements of the organisation? 
  • Do we follow evidence-based and best practice protocols to assess natural capital-related risk? Are there any data or skills gaps in our current assessment process we should consider? 
  • Are we doing enough now to prepare for future mandatory sustainability disclosure?

Governance Committee  

  • Do executives and the board communicate effectively to inform the disclosure of material climate and nature-related issues?  
  • What governance structures do we have to ensure the information needed for sustainability disclosure is generated at the different company levels?   
  • How are we engaging external stakeholders, such as investors, in the development of our climate and nature targets and plan to achieve them? 

Nomination Committee

  • What capacity building is required for the board to feel confident making sustainability-related decisions? Do we have the right people advising us? 
  • What steps should we take to ensure the board has the necessary skills and expertise to fulfil our evolving responsibilities related to sustainability disclosure? 

Remuneration Committee

  • How are our investors, lenders and assurance providers positioning themselves in the evolving sustainability context – and what are the implications for our KPIs? Are these relevant to other stakeholder groups?  
  • How can we incentivise executives and board members to ensure progress toward climate and nature targets? 
  • How do our organisation’s climate and nature targets compare to others in the sector? 

Sustainability Committee

  • Has our organisation set science-based targets for climate and nature, both long-term and in the interim? Is it using a reputable industry standard to validate them? 
  • What plans does our organisation have to meet its climate and nature targets and measure progress against these targets? Does this align with the business strategy?   
  • Does our organisation communicate our strategy and targets effectively with stakeholders? 
  • How does our organisation align our strategy and targets with partners along our value chain? 
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