Insights from a workshop hosted by the Climate Governance Initiative’s Financial Sector Programme, part of its "Transition in Action" series exploring how boards can lead credible, forward-looking transition planning.

As regulators set higher expectations, financial institutions must move toward rigorous, quantifiable, and operationally embedded transition plans. For boards, this is an opportunity to strengthen risk management and ensure long-term business resilience in the face of complex challenges.

Karen Ellis, Chief Economist at WWF-UK, says that boards are looking for pathways to help them integrate nature into their transition plans.

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...

Directors have a critical role in identifying and managing climate change risks and opportunities. This guide from Chapter Zero New Zealand is to support directors to understand their role in the development, analysis and review of climate scenarios.

The eight principles published by the World Economic Forum, are core to the Climate Governance Initiative mission and are used as the fundamental guidance to board directors to drive climate action in the boardroom.