Why is Climate Governance important?
Australian regulators ASIC and ACCC now acknowledge the foreseeability of climate-related financial risks.
“As the stewards for long-term performance and resilience, the board should determine the most effective way to integrate climate considerations into its structure and committees.” Australian Institute of Company Directors Climate Risk Governance Guide 2021
"It is conceivable that directors who fail to consider climate change risks now could be found liable for breaching their duty of care and diligence in the future”. Legal Opinion on Climate Change and Australian Directors’ Duties, Minter Ellison, 2016
How can we help?
By conducting a comprehensive review of your board capabilities based on the Australian Institute of Company Directors Climate Governance Board Readiness Check, we will provide valuable insights on where the current strengths of your board reside in relation to climate change governance and where the opportunities are for growth.
A climate governance check is an excellent tool in supporting boards as they mitigate and manage known and unknown risks for your organisation.