Climate change is not a sector-specific risk. For the majority of companies, climate falls squarely within the scope of fiduciary responsibility of boards of directors and management teams. Yet, the majority of sitting corporate directors have limited understanding of their role and responsibility in addressing the impacts of climate change.
Boards of directors overseeing long-term business strategy and risk management for firms controlling trillions of dollars in investments may determine whether or not humanity achieves a just transition to a net-zero economy by 2050. That’s why we’re working to shift this dynamic and create demand from directors to understand how climate affects their companies and their role in governing these impacts.
Learn What it Means to Be “Climate Competent”
For today’s boards and management teams, being well-versed on climate change, its opportunities and its risks is a must. To help facilitate board-level understanding on climate, we teamed up with Ceres to produce Getting Climate Smart: A primer for corporate directors in a changing environment.
For the long-term health of companies, boards must understand the significance of climate to their work. It’s past time for action.”