Explainers
UK Climate Policy Briefing - February 2024
Our UK policy briefings aim to highlight the latest developments in UK climate policy directly relevant to NEDs.
Legal considerations for transition planning: Strategic climate planning
Chapter Zero has partnered with Freshfields and the Centre for Climate Engagement to explore climate-related legal questions with non-executive directors from across the UK. The series began in September 2023 with a session providing an overview of the interaction between climate change, legal issues and business, and then focusing on legacy risks to companies, including litigation, and how they can be mitigated. Below is a summary of the second session which explored the landscape of legal issues that organisations face in daily operations and when implementing climate strategy, identifying key legal considerations at the forefront of transition planning.
UK Climate Policy Briefing - November 2023
Our UK policy briefing aims to highlight the latest developments in UK climate policy directly relevant to NEDs.
Drawing impetus from the global context
In 2023, Chapter Zero partnered with McKinsey for a three-part event series that explored the impact non-executive directors (NEDs) can have in the boardroom to help their organisations achieve net zero. The third session, held on 8 November, set the scene for COP28 and how to address key points raised, and initiatives formed, at COP28 in the boardroom. We have summarised below the key takeaways of this event.
Moving boards to action
In 2023, Chapter Zero partnered with McKinsey for a three-part event series that explored the impact non-executive directors (NEDs) can have in the boardroom to help their organisations achieve net zero. The second session, held on 21 September, explored how non-executive directors can navigate the net zero transition to shape and implement credible climate strategies. We have summarised below the key takeaways of this event.
What is COP?
COP refers to the United Nations’ annual conference on climate change. Its 28th meeting (COP28) is scheduled to begin November 30, 2023, in Dubai, United Arab Emirates. McKinsey explains the background and significance.
SEC climate disclosure briefing for Board directors
This briefing, produced by the Climate Governance Initiative, explores and discusses the context of the proposed SEC climate disclosure rule, the current status and likely next steps, and provides key questions for board directors to ask their boards in relation to it.
Legal risks of climate inaction
Chapter Zero and White & Case held a session for non-executive directors (NEDs) in May 2023 offering practical advice and insights on the key legal duties and obligations of NEDs in relation to climate change. Here are the key takeaways.
How Extreme Weather Caused by Global Warming is Driving New Investment Risks
Due to improvements in the ability to trace losses from extreme weather events back to emissions, climate-related litigation risks are increasing at many companies. How does loss attribution work, and what are the implications for investments?
UK ‘Green Day’ policy announcements – implications for non-executive directors
In March 2023, the UK Government published a suite of documents outlining its latest climate and energy policy. ‘Powering Up Britain’, the flagship report, highlights key points from the Government’s updated Energy Security and Net Zero plan. This summary outlines the key messages and implications for non-executive directors.
Policy Briefing: Identifying the actions government can take to accelerate UK climate action across the economy
A new policy briefing from the UK Corporate Leaders Group (CLG UK) applies a business lens to seven key cross-sectoral and cross-governmental areas which are key to achieving net zero, exploring their challenges, opportunities and impacts on business.
The UK Net Zero Review
The Government’s Net Zero Review published on 13 January 2023 explains the economic benefits of reaching net zero and recommends key policies that would help the UK meet this goal. This summary outlines these opportunities and recommendations, and how they are relevant to non-executive directors.