Climate Governance Initiative

Subject Command

The following articles include information on how to address Principle 2 of the Principles for Effective Climate Governance: Command of the subject - The board should be properly informed about climate-related risks and opportunities and able to make relevant decisions.

27 March 2024

Command of the (Climate) Subject

From Chapter Zero Slovenia

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.

InsightsChapter Content
26 March 2024

Improving governance on nature-related risks and opportunities

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.

Briefing
23 January 2024

Cemex: Leading the way to net zero in the cement industry

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...

Case study
23 January 2024

Cemex: Abriendo camino hacia cero emisiones netas en la industria cementera

Cemex se concentra en aplicar las mejores prácticas y los estándares más estrictos en todas sus unidades de negocio. Este enfoque, aunado a la visión estratégica del CEO y a la supervisión continua del Consejo, ha permitido que la organización cumpla a nivel global con las normativas - que están ...

Case study
16 January 2024

CLP Holdings Ltd: Overcoming Barriers to reach net zero in the energy sector

CLP Holdings Ltd has set ambitious targets to decarbonise its operations and support its customers’ transition to a net-zero future, forcing it to confront some difficult strategic choices. A clear vision and mandate from the Board has been instrumental in delivering progress against the organisa...

Case study
18 December 2023

COP28: key outcomes for board directors

COP28 concluded with significant progress on the energy transition, climate finance, food systems transformation and nature. However, some stakeholders consider that it falls short of the level of ambition needed to limit global temperature rise to 1.5⁰C. This briefing summarises the main COP28 d...

Briefing
1 December 2023

Code Zero

from Chapter Zero Brussels

Chapter Zero Brussels have developed Code Zero - a 10(+1) point code for board directors to guide their companies towards a sustainable and low-carbon future.

GuideChapter Content
30 November 2023

Do we have the right people on boards to deal with climate change?

from Community of Climate Governance Experts

James Cameron and Emily Farnworth, members of the World Economic Forum's Community of Climate Governance Experts explore why boards need to change their mindset to address the climate challenge and what is needed

InsightsCommunity of Experts Content
17 November 2023

Developments in Climate-Related Litigation, Disclosures and Due Diligence Requirements: What Board Directors Need to Know

This briefing by the Commonwealth Climate and Law Initiative (CCLI) and the Climate Governance Initiative is a resource for navigating the rapidly-evolving landscape of sustainability-related corporate responsibilities.

Briefing
14 November 2023

What to expect at COP28: A briefing for board directors

The upcoming 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) provides a critical platform for climate action. The world stands at a midpoint between the adoption of The Paris Agreement in 2015 and the crucial year 2030, where greenhouse...

Briefing
6 November 2023

Overcoming Barriers to Effective Climate Governance

from Chapter Zero Brussels

Outcomes from a report & survey from Chapter Zero Brussels exploring the barriers and the drivers for effective climate governance, as well as providing recommendations for board members to move forward.

GuideChapter Content
1 November 2023

Chapter Zero's Transition Planning Toolkit

The private sector is witnessing a shift towards establishing, not only the goals, but the actions that are vital for its transition to net zero. Transition Plans outline those actions. This toolkit, created by Chapter Zero provides guidance to board directors in taking the first steps to develop...

Toolkits
5 October 2023

Climate Governance and the Circular Economy: A Primer for Boards

This primer, produced by the World Economic Forum and the Climate Governance Initiative in collaboration with Accenture, aims to equip board directors with a practical understanding of the circular economy and how it can be applied to help their organizations achieve climate and environmental com...

Guide
20 September 2023

NACD Climate Advisory Council launch event: How are US boards tackling the climate challenge?

Summary of the event which launched the National Association of Corporate Directors' (NACD) Climate Advisory Council, and explored US board directors' approaches to seize climate-related opportunities and assess risks in their organisations from the boardroom.

Event Summary
10 July 2023

SEC climate disclosure briefing for board directors

This briefing, produced by the Climate Governance Initiative, explores and discusses the context of the proposed SEC climate disclosure rule, the current status and likely next steps, and provides key questions for board directors to ask their boards in relation to it.

Briefing
3 July 2023

The Chairperson's Guide to Climate Integrity

This guide, produced by the World Economic Forum and the Climate Governance in collaboration with Deloitte, explores how organisations, guided by their Chairs, non-executive directors and board members, can earn and enhance trust through the sustainability transition.

Guide
1 June 2023

How can board directors prepare for the upcoming Taskforce on Nature-related Financial Disclosures (TNFD) framework release?

As stewards of their organisations, board directors will benefit from understanding the Taskforce on Nature-related Financial Disclosures (TNFD) framework ahead of its official launch in September 2023, and its implications for the organisations they represent. This briefing provides guidance to ...

Briefing
20 April 2023

Natura &Co: IP&L, circular carbon, and a triple bottom line approach

Brazilian beauty giant, Natura &Co, has long been a champion of sustainability. As the world’s first publicly traded company to receive B Corp certification, it has an engaged board that sees sustainability as an opportunity rather than a compliance issue.

Case study
20 April 2023

Metro Pacific Investments Corporation (MPIC): A holistic approach to finance, risk, climate and sustainability

Metro Pacific Investments Corporation (MPIC), a leading infrastructure investment company in the Philippines, is embracing bold sustainability leadership in a country highly exposed to climate impacts. With a climate-savvy board driving the organisation’s sustainability strategy, MPIC is committe...

Case study
20 April 2023

Smurfit Kappa: A joined-up approach to climate and sustainability strategy

Packaging multinational Smurfit Kappa is steering towards net-zero by 2050 with its board playing an important role. At the core of Smurfit Kappa’s approach is a circular business model, from sustainable sourcing of raw materials to production of recyclable and biodegradable packaging solutions.

Case study