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Transition plans provide comprehensive information on the pathways (technical, financial, governance, etc.) that an organisation will follow to achieve its net zero targets. Developing such plans requires leadership from the board of directors, as it has strategic insights that ensure the transit...
In effect, a new International Accounting Standard for net zero commitments is due to be adopted by the IASB in late April. It will have far-reaching effects on board governance of accounting for net zero commitments, and will require new decisions from the board. Andrew Watson from Rethinking Ca...
Incorporating ESG and climate-related factors into employee incentive schemes has become an increasingly important tool for driving climate action. This guide, from Chapter Zero New Zealand, draws from conversations with remuneration/people and culture committee chairs, industry experts and natio...
While board directors are facing a challenging environment and must navigate a complex set of priorities, 86% see climate change as a business opportunity and 93% believe the board is able to influence their organisation’s direction on climate. Read this report which explores the findings from th...
Viña Concha y Toro is a leading wine producer in Latin America, and the first publicly-listed company in Chile to achieve B Corp status. Through its sustainability strategy, Uncork a Better Future, the company has brought forward its net-zero target by ten years to 2040. This was enabled by a co...
Board members are required to understand climate science and impacts, continuously learn and adapt, for effective decision-making. Regular evaluation, education, professional consultation, scenario analysis, stakeholder engagement and review of board reports are the essential steps for achieving it.
Report exploring how companies are currently integrating nature considerations into their strategies, by analysing the Nature Benchmark: a 2022 – 2023 study completed by the World Benchmarking Alliance assessing 769 companies.
In 2024, Australian directors are intensifying their focus on climate change, yet organisations face growing challenges in executing their strategies. The Climate Governance Study 2024 acts as a ‘temperature check,’ assessing how perspectives and actions on climate governance are evolving among t...
Event summary from the Boards Impact Forum of their recent discussion around: Aligning Sustainability Strategy, Regulatory Compliance and Incentives.
This blog piece explores the first of the World Economic Forum's effective climate governance principles, climate accountability on boards, and underscores the imperative for board members to integrate social and environmental concerns beyond legal mandates.
The World Economic Forum Annual Meeting 2024 took place just a month after the conclusion of COP28, and the outcomes and decisions from COP28 were front of mind during the climate and nature conversations in Davos. In this guest blog, Pim Valdre of the World Economic Forum analyses the key develo...
Cemex is focused on applying best practices and the most stringent standards to all of its business units. This approach, coupled with the CEO’s strategic vision and the Board’s continued monitoring, has enabled the organisation to achieve global compliance as regulation evolves and to deliver si...