Chapter Zero aims to mainstream consideration of climate risk into business and investment decision-making to facilitate efficient allocation of capital and to enable a smooth transition to a low-carbon economy.
Chapter Zero Ukraine & Caucasus was launched 2022 as part of the Climate Governance Initiative (CGI), a project in collaboration with the World Economic Forum. It promotes the initiative in Ukraine, Georgia and Armenia considering local business specifics and climate challenges.
The core mission of the Chapter is to promote the implementation of the World Economic Forum’s Principles for Effective Climate Governance in line with CGI Charter while equipping non-executive directors with skills and knowledge to make climate change a boardroom priority.
The world is confronting a crucial environmental challenge.
Board directors are expected to ensure that climate-related risks and opportunities are appropriately addressed within corporate strategies. However, limited
practical guidance is available to help board directors. Chapter Zero is established to help.
Chapter Zero Ukraine & Caucasus was launched in 2021 to establish network of non-executive directors from Ukraine, Georgia and
Armenia and support them in developing appropriate actions in response to climate change.
First Deputy CEO at maib
Management Board governs the Chapter and is responsible for the development of its strategy.
Maria Luisa Cicognani
Head of Consulting and Risk Advisory
Is your Board climate-aware?
There are many guiding questions that have to be answered by board members to verify whether their company sufficiently integrated climate considerations into corporate governance processes. Here are some of them:
- How does the board ensure that the company develops and encourages climate dialogue and methodology sharing among industry peers, investors, regulators and other stakeholders?
- How does your board maintain its awareness about good climate-governance practices? Which high performing technology and latest know-how could be implemented?
- Does your company organize stakeholder dialogues and encourage the participation and inclusion of all relevant stakeholders (customers, regulators, NGOs, academia etc.)?
- Is the board kept regularly informed of, does it approve, and does it supervise consistent conduct of the company’s industry and public policy engagement?
- How does the board ensure that climate risks and opportunities are being adequately discussed with investors, where legal and governance arrangements allow for such a dialogue?
If you would like to learn more about these guiding questions and increase the climate awareness of your organization visit our Knowledge Hub. Join th Chapter!
We strive to mobilize chairs, non-executive and independent directors through enhancing their skills in climate governance and climate action.
Be equipped to frame risks and opportunities related to climate change and embed a viable transition strategy into your corporate business model