Accelerating resilient, future-fit finance from the boardroom
The Climate Governance Initiative held a group discussion, on November 2024 regarding different pathways to change and how the global finance sector specifically faces climate-related risk.
Industry gatherings, like Chapter Zero’s FS Community, are ever more important in this context—providing opportunities to gather sustainability leaders together.
- Bruce Cannon, Non-Executive Director, RBS International; Non-Executive Director, The Environmental and Social Agency for Financiers
The group recognised three key routes to change:
| Financial | Focus on “real world” scenarios - i.e., scenarios that better capture cascading socioeconomic, political, business and financial risks as the planet warms, is positioned as a possible opportunity and long-term risk mitigation tactic. |
| Behavioural | Embedding a "transformation mindset" within organisations and building the courage and knowledge to challenge the status quo is encouraged. |
| Systemic | There was recursive conversation regarding this perspective, where critical enablers identified were the policy environment and effective mechanisms for engagement, collaboration, and partnership. |
Often, as a board or as an individual director, you’ve just got to make a start as the biggest catalyst is actually doing things, and then doing more - this is the way I’ve seen behavioural change in action.
- Chapter Zero Board member, Carol Bell
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Accelerating resilient future-fit finance from the board room
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