The price of being a large emitter - US & EU
On 25th March 2026, a study from Stanford on emissions damage accounting found the US to be the largest emitter of greenhouse gases between 1990 and 2020, responsible for $10.2 trillion (£7.6 trillion) of global harm. They also concluded that the US had suffered the most substantial losses of any country, valued at $16.2 trillion (£12.2 trillion), due to climate collapse. After the US, the EU was estimated to have endured the second-largest economic hit, valued at $6.4 trillion (£4.8 trillion).
Quantifying climate loss and damage consistent with a social cost of carbonRelated Content
When the boardroom gets hot: why climate-related health risk is a corporate governance issue
Julie Hirigoyen, Non-Executive Director on the boards of Willmott Dixon Holdings Ltd, The Kings Cross Group and Thriving Investments Ltd, and Independent Sustainability Advisor and member of Chapter Zero, reflects on climate, health and the boardroom. Julie sets out why climate and health are key considerations for boards, and what action must be taken by non-executive directors to both mitigate and adapt to the issue.
Board Action for Resilience and Transparency on Climate: Four focus areas
During London Climate Action Week 2026, Deloitte, Chapter Zero and the International Sustainability Standards Board held a roundtable discussion with chairs, non-executive directors and investors at the Deloitte Academy exploring focus areas for business to enhance resilience and transparency on climate. To benefit from these insights, read this summary of the discussion.
Chapter Zero announces new board members: Catherine May and Iain Anderson join the board
Chapter Zero, the philanthropically funded membership organisation, the Directors’ Climate Forum, today announces the appointment of Catherine May and Iain Anderson to the board of directors. These appointments will help Chapter Zero deliver its purpose of inspiring and equipping non-executive directors (NEDs) and Chairs to lead on climate from the boardroom; and help embed climate into business strategy. They will also help heighten Chapter Zero’s success in delivering impact.
