How Chapter Zero's impact shows up in case studies
Equipping and inspiring non-executive directors to lead on climate from the boardroom results in individual members and their boards taking climate action. This is Chapter Zero's purpose. We can track this impact through individual case studies. A collection of these impact case studies is set out below.
Private equity – a powerful driver of sustainable investment
Chapter Zero member, Henry Cubbon, is a Non-executive Director on the board of D2Zero, an international portfolio company based in Aberdeen, funded by private equity. D2Zero champions the movement toward lower emissions within the conventional energy sector and supports the acceleration of the transition to clean and sustainable energy. We ask him about the power of private equity.
Private equity – a powerful driver of sustainable investment
Wates: an adaptive mindset generates value
Jonny Wates is a Board Director of the Wates Group – a nearly 130-year-old, multi-generational, family-owned construction, property services and developments company based in the UK. He chairs the board’s Sustainability Committee and champions sustainability at both a strategic and operational level. In a case study on how the company’s stewardship ethos drives decarbonisation and the futureproofing of the business, Jonny talks about how, with an adaptive mindset, boards can steer businesses to both address global challenges and generate value.
Wates: an adaptive mindset generates value
From one Chair to another: the continuum of transition
SSE has a long-term decarbonisation vision. It also has a portfolio of capital-intensive projects that are focused on this goal. The company’s successive Chairs and their boards have played a vital role in the transition of the company and, as a consequence, the UK economy. Climate is a key plank of SSE’s corporate strategy. Sir John Manzoni, SSE Chair, sits down with Richard Gillingwater, former SSE Chair.
Read the full article
Capital can do good when invested carefully long-term
Legal & General (L&G) has invested £4bn of its own money in transition finance, including £1.6bn in renewable energy, £1.7bn in green bonds and £0.7bn in other solutions. Nilufer Kheraj OBE, Independent Non-Executive Director at L&G, and Carl Moxley, Group Climate Director at L&G, explain how this supports the transition and helps with L&G’s resilience to climate risk.
Read the full article
Leadership is vital to a successful sustainable transition
David Tyler, Domestic & General (D&G) Chair, points out the role of the board in the company’s commitment to decarbonisation while in conversation with Matthew Crummack, D&G’s CEO. They discuss D&G’s sustainability strategy, which focuses on helping to limit climate change, championing a circular economy, and caring for the company's communities.
Read the article here
The challenge for members in navigating the climate/geopolitics nexus
Dame Ruth Cairnie, Chapter Zero Supporting Chair, Chair of Babcock International and NED at the CBI, and Bryan Joseph, NED at Lancashire Holdings Ltd, Sabre Insurance Group Plc, and CFC Underwriting, offered their perspectives on how boards can lead through geopolitical uncertainty and maintain momentum on climate at an event – entitled ‘Geopolitics, resilience and strategic courage’ – in which Chapter Zero partnered with McKinsey.