To help non-executive directors engage with the potential risks and opportunities for businesses and take this discussion into their boardrooms. We provide a space where the non-executive community can enhance its knowledge, understanding and experience of this complex and critical business challenge by:
- Running climate change briefings, round tables, workshops and conferences with our Partners
- Creating awareness of other relevant events members would find useful to attend
- Making available practical toolkits which enable members to take climate change discussions into their boardrooms
- Providing access to briefing materials, films, and online courses
- Signposting where to go for help on climate change as an engaged board member
- Bringing together investors, regulators, company directors, plus key experts, to learn from and influence each others’ perspectives
- Providing a forum where directors can share experiences and debate issues
- Giving access to the World Economic Forum online materials
Our current trajectory is towards 3.5 to 4.5°C rise in temperature, which would be catastrophic for much of the world. To keep to 1.5°C emissions need to peak in 2020.
The IPCC report released in September 2018 showed that we had 12 years to avoid a catastrophic outcome for the planet. Business is key to driving this change; not just the obvious sectors such as oil and power generation, but those on the demand side such as automotive, construction, manufacturing, retail, travel and leisure and food production.
The World Economic Forum Principles for Climate Governance for boards, published in January 2019, has prompted groups of board directors around the world to form networks, such as Chapter Zero in the UK, committed to promoting the Principles and encouraging action in their companies to deal with the implications of climate change. Investors are increasingly focused on the issue, as are central banks, including the Bank of England. There is also rapidly increasing public awareness of the climate change challenge and companies need to act now to assess the risk, including the possible impacts of a disorderly transition if targets are seen not to be being met.
- Despite their importance, just 13% of the UK’s total land area has tree cover (compared to an EU average of 35%) 13% 13%
Chapter Zero is supported by chairs of leading organisations who recognise the massive challenge climate change poses to UK businesses.
Chair of Merian Global Investors and Polar Capital Technology Trust
Sir John Kingman
Chair of Legal & General plc
Chair of HSBC plc
Chair of Hammerson plc
Chair of SSE plc