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The board should ensure that its composition is sufficiently diverse in knowledge, skills, experience, and background to effectively debate and take decisions informed by an awareness and understanding of climate-related threats and opportunities.
Guiding questions
- Does your board have a robust awareness and understanding of how climate change may affect the company?
- What steps has your board taken to test that its composition allows for informed and differentiated debate as well as objective decision-making on climate issues?
- What steps is your board taking to ensure it remains sufficiently educated about the relevant climate-related risks and opportunities for its business?
FEATURED COURSE
Introduction to Climate Governance
This engaging self-paced e-learning module is designed to provide you with an introduction to the climate literacy you need to begin navigating the complexities of climate change for your organisation.
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, p12]
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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