Our key takeaway: Companies need to rise to the challenge to meet the net zero transition - a challenge which can also turn into an opportunity if met now. Boards of Directors, and non-executive directors (NEDs) within them, play a critical role in this. Boards moving forward will need to be able to provide judgement in a rapidly changing, volatile context. This entails building understanding of why rapid change is needed for the business, and then taking five key steps to enable timely, positive and decisive climate action.
Chapter Zero, the Directors’ Climate Forum; The Berkeley Partnership and The Centre for Climate Engagement published Board Toolkit (July 2022):