Climate risk governance guide

Climate risk is no longer an issue facing select sectors, but a standing item on many board agendas. To assist directors address climate change governance, the AICD has developed a practical guide in collaboration with Minter Ellison.

The Climate risk governance guide provides a plain-language introduction to fundamental climate change concepts, and considers this issue in the context of the non-executive directors’ role and duties.

Specifically, the guide considers the following questions:

Part 1: What do I need to know about climate change?

An introduction to key climate change concepts and risks to develop your understanding.

Part 2: How do I start my board’s climate change journey?

Key questions to ask yourself and your board when considering how to get climate change onto your agenda and how to establish good governance structures, consider strategy and risk, and report and disclose.

Part 3: What are the duties and expectations of me as a director?

Explores how your duties as a director might interact with climate change risk and opportunity, and the legal and strategic issues you and your organisation may need to consider.