Karina Litvack

Karina Litvack

Karina serves on the boards of Italian Oil & Gas major Eni S.p.A., where she chairs the Sustainability & Scenarios Committee, and serves on the Remuneration Committee; the CFA Institute, home of the professional qualification for investment management professionals; and Business for Social Responsibility, a consultant specialising in sustainable business practice.  She is also Executive Board Director of Chapter Zero, and serves on the Senior Advisory Panel of oil & mining consultant Critical Resource and the Advisory Council of Transparency International UK. Previously, Karina had a 25-year career in Finance, latterly running the Governance and Sustainable Investment activities of UK asset manager F&C Investments*.

Since the passage of the Paris Agreement at CoP21 in 2015, Karina has been working to build a global network for fellow NEDs to share experiences, engage with technical experts and stakeholders, access specialised training, and help to drive more effective climate transition strategies in the boardroom. Under the auspices of the World Economic Forum, she co-founded the Climate Governance Initiative (CGI), home of the CGI Principles for Non-Executive Directors, and with colleagues in Italy, Malaysia, France, the UK, Canada, Brazil, Switzerland and several others in the pipeline, has been working to build a global network of national Chapters for directors.  Her focus in Chapter Zero, the UK Chapter of the CGI network, is on partnering with experts to develop new interdisciplinary content specifically designed for non-executive directors, and leveraging these across the global network of Chapters.

* now BMO Global Asset Management, a unit of the Bank of Montreal

It wasn’t until I joined my first board that I realised the scale of the challenge facing directors when it comes to tackling Climate Change in the boardroom: we need to approach this with the same depth, rigour and professionalism as we do all other aspects of board activity, and yet despite the urgency, there is no ready how-to manual that NEDs can turn to. Enter Chapter Zero: thanks to superb support from experts across the business and scientific community, and the determination of our growing membership, we are plugging this gap.

Karina Litvack