KPMG’s “Boardroom climate competence: Getting ahead of the curve” proposes a framework to guide the board’s oversight of climate change risk that addresses the critical areas of risk and opportunity assessments; integration of climate-related goals across the organization; governance (including board oversight structure and composition, frequency on the board/committee agenda, management’s reporting to the board, and management accountability); and disclosure and stakeholder engagement. Each of the foregoing areas of focus is accompanied by action steps aimed at supporting the board’s oversight and relevant insights from current directors and management across industries.
See “KPMG urges boards to focus on climate risks” (Accounting Today) and additional resources on our Climate Risk & Disclosure page »Board Oversight.
This post first appeared in the weekly Society Alert!