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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.
Guiding questions
- How does your board ensure that climate considerations are given sufficient attention across the board (e.g. being discussed in the audit, risk, nomination, or remuneration committees)?
- How can executive and non-executive directors play complementary roles in meeting the board’s accountability with regards to climate?
FEATURED RESOURCE
Bringing together ESG: Board structures and sustainability
To govern effectively, boards must embrace environmental, social and governance (ESG) matters to ensure they are well positioned to meet accelerating ESG risks and opportunities, as well as the increasing demand for ESG action from investors and stakeholders.
Resources
[Source: to see more background on this principle and further guiding question, see the World Economic Forum Guide: How to Set up Effective Climate Governance on Corporate Boards: Guiding principles and questions, p13]
Acknowledgement
We acknowledge the Traditional Custodians of the Lands on which we are located and pay our respects to Elders, past and present. We recognise First Nations peoples' cultural and spiritual relationships to the Skies, Land, Waters, and Seas, and their rich contribution to society.
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