Getting Climate Smart in a Changing Environment

Given that corporate boards are fiduciaries to their companies and their shareholders, it follows that boards should pay attention to the evolution of climate-change risks and opportunities. Being proactive in this way would allow for thoughtful decision making that avoids crises, rather than decision making that reacts to them. This article explores key trends that corporate boards should keep in mind when overseeing the implications of climate change on their businesses, as well as the effects of these trends on board responsibilities.