Boards are charged with safeguarding the long-term health of the business, and delivering value to its stakeholders, and it is increasingly clear that the risks and opportunities posed by the climate change can no longer be ignored. Boards that start to act now, will be ahead of the curve and in a much better position to compete for customers and investment as society becomes ever more climate conscious.
As part of the World Economic Forum Climate Governance Initiative, Chapter Zero was established here in the UK in 2019 to support chairs and non-executive directors when they address the challenge of managing the transition to a net zero carbon economy.
Chapter Zero has recently come out with a boardroom toolkit, that aims to help board members to understand the key issues relating to climate change and the actions that can be taken to start addressing them. It has been designed as an accessible resource you can dip in-and-out of and gives practical solutions rather than being a detailed ‘academic’ document.