A joint submission from Chapters of the Climate Governance Initiative on the U.S. SEC's invitation for comments on climate disclosures, with a focus on the responsibilities and requirements of board directors.
In support of corporate boards in the G20 and beyond, the Climate Governance Initiative, a global project launched in collaboration with the World Economic Forum, has been established with the aim of mobilising non-executive directors to put climate change at the heart of their companies’ business strategies.
The core mission of the Initiative is to promote the implementation of the World Economic Forum’s Guiding Principles for Climate Change Governance on Corporate Boards, a set of comprehensive and ambitious best practice standards developed to guide board behaviour, by providing a range of engagement opportunities aimed at enhancing their skills in this area.
The Initiative has been expanding internationally by creating local forums or “Chapters” for non-executive directors, often known under the name of Chapter Zero. Each national Chapter works within its respective country as well as across borders to share knowledge and promote climate action, both at company-specific and systems level.