Explainers

The Business Case
Review Ambition
Drive Board Action
Implement the Transition
Ensure Accountability
Accelerate Business Transformation
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Explainer | 28 Sep 2023

The use of scenario analysis in disclosure of climate-related risks and opportunities

TCFD guidance on scenario analysis.

Collaboration with Accenture
Explainer | 26 Sep 2023

Exploring the future of supply chains: net zero, circular, and traceability & integrity

Chapter Zero partnered with Accenture in 2023 to deliver a masterclass exploring the future of supply chains. We have summarised here the key takeaways from the session.

Collaboration with McKinsey & Company
Explainer | 21 Sep 2023

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.

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Explainer | 20 Sep 2023

Setting the Scene on Climate Scenarios

Scenario models have formed a substantive part of managing financial risk for years. WTW look at how climate impacts – and transition - bring new subtleties to the way organizations and governments understand and use them.

Collaboration with Freshfields
Explainer | 19 Sep 2023

Legal considerations for transition planning: Legacy business and risks

Chapter Zero partnered with Freshfields and the Centre for Climate Engagement in 2023 to explore key climate-related legal questions with non-executive directors from across the UK, especially in the context of transition planning. Below is a summary of the first session, which focused on legacy business and risks.

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Explainer | 30 Aug 2023

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.

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Explainer | 3 Aug 2023

Primer on climate change

The Climate Governance Initiative has published the third edition of the Primer on Climate Change: Directors’ Duties and Disclosure Obligations. Produced with the Commonwealth Climate and Law Initiative and covering 31 countries and the EU, it outlines the general climate obligations for board directors.

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Explainer | 12 Jul 2023

Net zero targets among world's largest companies double, but credibility gaps undermine progress

Net zero is a corporate norm, with almost two-thirds (65%) of the annual revenue of the world’s largest 2000 companies now covered by a net zero target. Net Zero Tracker looks at the published targets at 12 June 2023.

Collaboration with Centre for Climate Engagement
Explainer | 10 Jul 2023

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.

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Explainer | 5 Jul 2023

Normative accounting for intangibles

A briefing from Rethinking Capital and the Centre for Climate Engagement on applying normative accounting for intangibles in net zero transition decision governance and reporting.

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Explainer | 27 Jun 2023

Ten things to know about the first ISSB Standards

The IFRS Sustainability Disclosure Standards have been designed to provide a global baseline of sustainability-related disclosures for the capital markets. Here are 10 things you need to know about the ISSB’s new standards.

Collaboration with Centre for Climate Engagement
Explainer | 20 Jun 2023

Navigating the climate disclosure landscape

This explainer provides an overview of the evolving and interconnected landscape of climate targets, metrics, reporting standards and frameworks for non-executive directors (NEDs).