Blog articles
Overseeing companies’ energy decisions is a core fiduciary duty for NEDs
Jules Kortenhorst, Co-Chair of the Energy Transitions Commission (as well as CEO of Bridge Carbon, Non-executive Director at Enstall and Chapter Zero member), says it is the fiduciary responsibility of boards to manage risks associated with climate change, including physical asset risks and transition risks. He highlights the importance of clean electrification and its cost-effectiveness compared with oil and gas price volatility.
Governing for energy insecurity: the trilemma got tougher
As if the energy trilemma – transition, affordability and security – were not hard enough; 2026 has made the situation so much more complex. For boards, oversight of decarbonisation, energy costs, geopolitics, supply chain complications and the availability/pricing of fuel just got tougher. Governing for energy security is a challenge in every sector; but there is evidence that the prospects for investment look promising.
