Climate Governance Initiative

📊 The financial system is not just one sector among many — it is the “connective tissue” that binds all others. That was a message from Andrea Webster of the World Benchmarking Alliance, as she introduced their 2025 Financial System Benchmark. Unlike other initiatives, the Benchmark maps the entire flow of financial decision-making — from asset owners and managers to insurers and banks — enabling a full picture of where influence and accountability lie. See below for a summary of a Climate Governance Initiative and Chapter Zero webinar that took place on 3 April 2025. It featured both Andrea Webster and Paul Druckman (WBA Supervisory Board Chair and Chapter Zero Fellow), who introduced the 2025 Financial System Benchmark results before an informal conversation around what they mean for board directors. 🔗 https://lnkd.in/eCx4m6gT #climate #governance #finance #sustainability #benchmark

✅ Register now to join our FREE interactive workshop for ASEAN board directors on their role in accelerating regional resilience and restoration as it relates to climate and nature. 🗓️ 7 May 2025 🕑 14:00-16:00 Singapore Standard Time 🧭 Marina Bay Sands, Sands Expo and Convention Centre 🤝 In-person event Hosted by the Climate Governance Initiative's Financial Sector Programme in collaboration with Climate Governance Singapore (Singapore Institute of Directors), the event will: - Engage with ASEAN board directors on their role in driving transition plans to accelerate business and economic resilience. - Consider board director duties and strategic roles in driving effective climate and nature transition planning and finance. - Share best practice and discuss challenges and potential solutions with contemporaries. - Co-create useful, high impact strategic responses by boards to transition challenges at a company, local and national level. - Share these findings with board directors across the global Climate Governance Initiative network. 🎟️ 🔗 #Register here: https://lnkd.in/e88asA5S #finance #sustainability #climate #governance #business #transition #strategy #ecosperity #ecosperityweek2025 Ecosperity Temasek

𝗘𝘂𝗿𝗼𝗽𝗲 𝗶𝘀 𝗽𝗵𝗮𝘀𝗶𝗻𝗴 𝗼𝘂𝘁 𝗰𝗼𝗮𝗹 𝗮𝗻𝗱 𝗴𝗮𝘀 — 𝘄𝗵𝗮𝘁’𝘀 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻’𝘀 𝗽𝗹𝗮𝘆? In 2024, EU power sector emissions dropped 𝟭𝟮% — even as electricity demand rose. How? More 𝘀𝗼𝗹𝗮𝗿 (+𝟭𝟵%), more 𝗵𝘆𝗱𝗿𝗼, more 𝗻𝘂𝗰𝗹𝗲𝗮𝗿. Less 𝗰𝗼𝗮𝗹 (−𝟭𝟱%) and 𝗴𝗮𝘀 (−𝟴%). The result: emissions are now 𝟱𝟬% 𝗯𝗲𝗹𝗼𝘄 𝟮𝟬𝟬𝟱 𝗹𝗲𝘃𝗲𝗹𝘀, tracking toward a −𝟲𝟮% 𝗰𝘂𝘁 𝗯𝘆 𝟮𝟬𝟯𝟬. 𝗧𝗵𝗶𝘀 𝗶𝘀𝗻’𝘁 𝗷𝘂𝘀𝘁 𝗮𝗻 𝗘𝗨 𝘄𝗶𝗻. It’s a clear 𝗯𝗹𝘂𝗲𝗽𝗿𝗶𝗻𝘁 𝗳𝗼𝗿 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 — and a wake-up call for fossil fuel economies like ours. 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻 𝗶𝘀 𝗮𝘁 𝗮 𝗰𝗿𝗼𝘀𝘀𝗿𝗼𝗮𝗱𝘀. Do we double down on legacy energy systems — or leap ahead by scaling renewables, rethinking industrial emissions, and preparing our boards and CEOs to lead in a carbon-constrained world? The EU’s evolving stance on 𝗔𝗿𝘁𝗶𝗰𝗹𝗲 𝟲 𝗰𝗮𝗿𝗯𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀, 𝗖𝗖𝗦, and 𝗻𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 opens a new door: Kazakhstan could become a 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 — not just an energy exporter. At 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝗭𝗲𝗿𝗼 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻, we believe the boardroom is the engine room of the energy transition. The question is no longer if change is coming — but whether we’ll 𝘀𝗵𝗮𝗽𝗲 𝗶𝘁 𝗼𝗿 𝗯𝗲 𝘀𝗵𝗮𝗽𝗲𝗱 𝗯𝘆 𝗶𝘁. 𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆. 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗴𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗶𝘀 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽. #ChapterZeroKazakhstan #ClimateGovernance #Kazakhstan #EnergyTransition #CarbonMarkets #EUETS #FutureReadyBoards

Excellent to hear that recordings are now available for the first two days of this week's Climate Governance Malaysia National Climate Governance Summit 2025. 🔗 See below for the daily links 👇 #climate #governance #sustainability Sunita Rajakumar #malaysia

🇯🇵 Essential reading here for #Japanese board directors, from the peerless Commonwealth Climate and Law Initiative (CCLI) ✅ The "#keytakeways" document in particular provides a concise and insightful summary of duties, necessary disclosures, and practical steps to strengthen governance and oversight 👍 🔗 ➡️ Find everything you need to know via the link: https://lnkd.in/dSDzxHHT #japan #japanbusiness #internationalbusiness #governance #climate #sustainability #duties #disclosure

✅ Would you like to work with us? We currently have an exciting #job opportunity here at the Climate Governance Initiative. 🔎 We're looking for a part-time #ManagementAccountant to manage our income and expenditure effectively. This will be achieved through timely provision of financial information including management accounts and funders reports as well the preparation of budgets, forecasts, funding proposals, and the ongoing review of our financial performance. Does this sound like you? If so you'll find full details via the link below. 🏙️ 🏡 💻 The role will hybrid with one day per week at our central Cambridge offices. 🤝 The principles of diversity, inclusion, respect, responsibility and sustainability are at the heart of our organisation; we are proud to be an equal opportunities employer. 🔗 https://lnkd.in/eu5_dh7g #jobs #cambridge #uk #sustainability #ngo #vacancy #accountant #employment #accountancy

🦋 How do #banks plan for the transition?🦋 As regulators set higher expectations, financial institutions must move toward rigorous, quantifiable, and operationally embedded transition plans. In a Chatham House webinar on this topic, hosted by the Climate Governance Initiative’s Financial Sector Hub partnered with McKinsey & Company, the following 12 practical tips were identified for board directors seeking to guide their own institution’s transition plan in our latest article: https://lnkd.in/eQ_gA75z 1. Ensure Feasibility and Practicality 🔎 Scrutinise transition plans to assess whether targets are achievable and aligned with business operations. 2. Demand Quantitative Clarity 📊 Require clear financial projections, measurable milestones, and sector-specific roadmaps to effectively track progress. 3. Integrate Transition Planning into Core Governance 🧩 Embed transition strategies within financial planning, climate risk management, and overall business strategy. 4. Strengthen Risk Oversight and Governance Structures 💪 Ensure robust internal audit processes, board oversight, and executive accountability for transition plan execution. 5. Align with Regulatory Expectations 💼 Stay ahead of EU and global regulations to maintain credibility, minimise compliance risks, and ensure competitive positioning. 6. Institutionalise Performance Monitoring 📢 Establish regular board-level discussions to track transition-related KPIs, assess risk exposure, and evaluate the bank’s transition progress. 7. Support Data-Driven Decision-Making 📅 Push for strong data collection and analysis capabilities to enhance risk management, customer assessments, and transition finance strategies. 8. Adapt to Policy and Market Uncertainty 🌍 Require scenario analysis and contingency planning to navigate evolving regulatory landscapes and macroeconomic conditions. 9. Embed Climate into Risk & Financial Decision-Making ‼️ Ensure transition risks are integrated into lending decisions, capital allocation, and overall risk management frameworks. 10. Ensure Customer Transition Assessment Tools Are in Place 🏗️ Support the development of frameworks to assess customers' transition plans, balancing financial health with sustainability goals. 11. Approach Transition as Strategic Change Management ✅ Treat the transition as a fundamental shift in business operations, requiring cultural, structural, and strategic adaptation. 12. Use Transition Plans as a Strategic Tool 📈  Move beyond compliance-driven reporting and leverage transition planning as a tool for stable, long-term profitability and growth. What do you think of these tips? Read the article in full > https://lnkd.in/ekmwsZGi #TransitionFinance #AccelerateAction

Climate Governance Malaysia's week-long flagship National Climate Governance Summit 2025 is now halfway through its schedule of talks, workshops and masterclasses. We're proud to have seen Climate Governance Initiative Executive Director Emily Farnworth delivering her own keynote talk - "The Critical Role of Boards in Climate Stewardship" - as one of the opening features of Day 1. 🔗 Learn all about this compelling event here: https://lnkd.in/gxe4BrjG #sustainability #climate #governance #malaysia

We're very proud to see Climate Governance Initiative Executive Director Emily Farnworth - as well as a host of our board members, ambassadors and associates of our global Chapter network - as part of this exciting and impactful new initiative from World Economic Forum. A warm congratulations to all involved and looking forward to the year ahead 👏 🔗 https://lnkd.in/eamUmCqA #sustainability #climate #governance Emily Farnworth, Sunita Rajakumar Peju Adebajo Agnes K Y Tai, PhD 戴洁莹

🤔 Is your business future proof? ✅ Join us on 7 May from 13:00-14:00 CEST for an essential webinar exploring how the outcomes of the World Economic Forum's Global Risks Report affect your role as a board director. 📒 Managing risks and leveraging opportunities are a critical component of a board director's role. We'll dive into the key takeaways from the World Economic Forum's Global Risks Report and how they will influence boardroom decisions. We will hear from one of the authors of the report, who will present the findings over both the short-term and long-term global outlook, with five of the top 10 risks in the 10-year horizon being environmental risks. 💡 A panel of non-executive directors will reflect on the outcomes of this Report, and how they influence strategy planning and ensuring the long-term sustainability of the company. You will also have the opportunity to ask your own questions to this expert panel, as part of the Q&A at the end of the webinar. Speakers: - ALEJANDRO DIAZ DE LEON CARRILLO | BAL - Mark Elsner | World Economic Forum - Liselotte Hägertz Engstam 🌏♦️ | Boards Impact Forum Moderator: Jo Paisley | Global Association of Risk Professionals (GARP) 🗓️ Global Risk Report 2025: Is your business future proof? | 7 May 2025 | 13:00-14:00 🔗 #Register: https://lnkd.in/eXB-KJyb