How to Set Up Effective Climate Governance on Corporate Boards: Guiding principles and questions
Summary
The document argues that climate change disrupts business through physical impacts and policy or technology changes, necessitating a strategic approach to governance. It proposes a roadmap of governance principles designed to increase directors' climate awareness and embed climate issues into corporate board processes to ensure long-term organizational resilience.
Key insights
- Climate change disrupts business through two primary channels: unprecedented physical impacts, such as extreme weather and rising sea levels, and the policy and technology changes implemented to limit global warming.
- Increased pressure from regulators, investors, and stakeholders for companies to adopt integrated strategies for climate risks is driven by the Paris Agreement, climate-related legislation, TCFD recommendations, and the IPCC Special Report on Global Warming 1.5°C.
- Effective climate governance requires that boards of directors be equipped with specific tools and principles to increase climate awareness and embed these issues into board structures and processes for long-term resilience.
Cite the original document
- APA
- World Economic Forum (2019). How to Set Up Effective Climate Governance on Corporate Boards: Guiding principles and questions. https://www.weforum.org/publications/how-to-set-up-effective-climate-governance-on-corporate-boards-guiding-principles-and-questions/
- Chicago
- World Economic Forum. How to Set Up Effective Climate Governance on Corporate Boards: Guiding principles and questions. 2019. https://www.weforum.org/publications/how-to-set-up-effective-climate-governance-on-corporate-boards-guiding-principles-and-questions/.
- Wikipedia
- {{cite report |author=World Economic Forum |title=How to Set Up Effective Climate Governance on Corporate Boards: Guiding principles and questions |date=17 January 2019 |url=https://www.weforum.org/publications/how-to-set-up-effective-climate-governance-on-corporate-boards-guiding-principles-and-questions/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2019how, author = {{World Economic Forum}}, title = {{How to Set Up Effective Climate Governance on Corporate Boards: Guiding principles and questions}}, institution = {World Economic Forum}, year = {2019}, month = jan, url = {https://www.weforum.org/publications/how-to-set-up-effective-climate-governance-on-corporate-boards-guiding-principles-and-questions/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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