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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]
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