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
UK Climate Policy Briefing - May 2026
Our UK policy briefing aims to highlight the latest developments in UK climate policy directly relevant to NEDs.
The New Resource Economy: A vision for the role of boards in business resilience and economic transition
The New Resource Economy, created in partnership with Systemiq, explores the economic transformation that businesses face in the coming decades. Understanding this transition is becoming essential for forward-thinking non-executive directors and board members navigating an increasingly complex operating environment. This report emerged from a shared hypothesis by Systemiq and Chapter Zero that the net zero framing has not always best served the strategic domain of the boardroom. Building on a convening of Chapter Zero members, including senior non-executive directors from across FTSE 350 and large, private organisations, it co-creates a vision for a new resource economy informed by the boardroom perspective.
Uber’s transformation: leadership, policy, economic opportunities and collaboration
Uber's transformation under CEO Dara Khosrowshahi – driven by an $800m investment to electrify the Uber fleet and influenced by London's Ultra Low Emission Zone – has led to significant economic and environmental benefits. A discussion between Susan Hooper (Senior Independent Director at Chapter Zero and Non-Executive Director at Uber UK), Christopher Hook (former Global Sustainability Strategy and Analytics Lead at Uber) and Jennifer Gardner (Stanford Doerr School of Sustainability), emphasised eight key points.
