To address the urgent challenge of climate change which threatens the sustainability of business, and adequately prepare boardrooms to guide their companies through this major disruption, NACD is proud to have joined the Climate Governance Initiative (CGI) as the U.S. host chapter, the NACD U.S. Climate Initiative.
The World Economic Forum (the “Forum”) has developed a set of Climate Governance Principles (“CGI Principles”) for boards of directors and aims to:
Boards are beginning to grapple with climate change and are finding it to be a complex issue, fraught with scientific, macroeconomic, and policy uncertainties. Many boardrooms struggle to frame climate risks and opportunities properly within the larger strategy of the organization.
The NACD U.S. Climate Initiative will lead a meaningful conversation around the role of the board and enterprise in combatting climate change and incorporating climate considerations into strategic decision-making at the board level. It will also deliver guidance and education to enhance climate competence in the American boardroom. As trusted stewards of long-term value creation, corporate directors are well-positioned to ensure that climate change does not adversely impact the creation of a sustainable future and competitive U.S. economy and empower businesses to lead in innovation, transformation, and growth.
Click below to find resources to support your board’s pathway to climate proficiency. We monitor corporate advances in climate governance and the latest in reporting and disclosure to ensure your board has the essential information it needs.
Boards Face Pressure to Act on Climate Change (NACD BoardTalk Blog)
BlackRock Envisions a Net-Zero Future: How Can Boards Prepare (NACD BoardTalk Blog)
Climate Change Under the Biden-Harris Administration: What Boards Should Know (NACD BoardTalk Blog)
The Chairperson’s Perspective: Shaping the board’s strategic direction on climate (Climate Governance Initiative)
NACD Joins Climate Governance Initiative as US Host Chapter (NACD BoardTalk Blog)
Building Climate-Smart Boards (NACD BoardTalk Blog)
TCFD Good Practice Handbook (CDSB)
Financing the Transition to a Net-Zero Future report (Oliver Wyman)
Climate Governance Must Include Lobbying Oversight (NACD BoardTalk Blog)
The Time is Now: Climate in the Boardroom (NACD Capital Area 4/30 Program)
Primer on Climate Change: Directors’ Duties and Disclosure Obligations (Climate Governance Initiative)
Principles for Effective Climate Governance (World Economic Forum)
Climate Capability on Company Boards (Climate Governance Initiative Global Summit Session)
Climate Change Is an Enterprise Risk Multiplier (NACD BoardTalk Blog)
Realizing the Climate Opportunity (NACD BoardTalk Blog)
2021 Status Report (Oliver Wyman)
Regulators Are Moving Quickly on Climate Risk: How Boards Can Prepare (NACD BoardTalk Blog)
The Climate Risk Oversight Deficit (NACD BoardTalk Blog)
Climate Disclosure and the Role of the Board (NACD BoardTalk Blog)
For more information about climate governance and ESG, please visit NACD’s ESG Resource Center.