Climate change is shaping a new reality, creating risks and opportunities for businesses in a diverse number of ways. Investors, regulators and other stakeholders are now challenging companies to take responsibility by adopting an integrated, strategic approach to addressing the climate emergency. However, an uneven level of knowledge about the topic at board level weakens their ability to adequately address it.
Enabling board members with tools to effectively address corporate governance-related climate issues is essential to ensure an equitable and effective transition that achieves the goals of a low carbon economy.
The Climate Governance Initiative was launched by the World Economic Forum in partnership with the Hughes Hall Centre for Climate Engagement of the University of Cambridge and, since then, national Chapters in key countries have been set up.