The links between climate change and business are becoming increasingly evident and inextricable. Business decisions and actions will slow or accelerate climate change, and climate change will drive risks and opportunities for business.

Boards of directors play a critical role in ensuring the long-term stewardship of the companies they oversee.

Chapter Zero Ukraine & Caucasus mobilises boards of directors from Ukraine, Georgia, and Armenia to support them in adopting an integrated, strategic approach to addressing the climate emergency.

The tasks of Chapter Zero Ukraine & Caucasus include close cooperation and engagement of board directors within the following areas:

Giving a board-level understanding of current mandatory and voluntary standards related to identifying, managing, and mitigating climate risks.

Providing an understanding of how climate factors inform investment decision-making, consistent with the delivery of their companies’ climate transition strategy over the near, medium, and long term.

Providing an understanding of how the executive remuneration policy incorporates climate-related KPIs that are aligned with interim milestones on the pathway to delivering their companies’ climate transition strategy.

Explaining how to align companies’ public policy positioning, so as to ensure consistency with their long-term climate transition strategy.

Interpret the ability to contribute an informed, independent, “outside-in” perspective into the boardroom to help inform and enrich debate and complement the internal expertise of management.

Who can join?

Members of boards of directors in Ukraine, Armenia, and Georgia.

Is your Board climate-aware?

There are many guiding questions that have to be answered by board members to verify whether their company has 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, 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 the Chapter!

Learn more

We strive to mobilize chairs, non-executive, and independent directors through enhancing their skills in climate governance and climate action.

Latest News

22 September 2022
Those who could not join us at the launch event of Chapter Zero Ukraine & Caucasus now can watch the recording of it. We will be happy to welcome new members to our network. [embed][/embed]
20 September 2022
September 20, 2022 Kyiv School of Economics (KSE) to host the latest chapter of global network; EBRD backs establishment of new chapter within the Climate Governance Initiative partnership; Deloitte Ukraine acts as an intellectual partner; Aim is to enhance understanding of climate-related risks, governance, and disclosure frameworks Board members and…
5 June 2022
A global alliance of leading financial institutions, investors, and businesses on December 1sr have announced the launch of ‘ESG Book’, a new central source for accessible and digital corporate sustainability information, with the aim of shaping the future of ESG data. Over $100 trillion of assets under management are today…
22 March 2022
Introducing the Chapter Zero Board Scorecard. Try our new Board Scorecard to help you assess how effectively your board is tackling the net zero transition and building resilience to climate impacts. The Board Scorecard is designed to help you explore how your board is responding to the challenge of climate…
22 February 2022
With extensive expertise chairing multiple FTSE350 boards, as an investor and pension fund trustee, Chapter Zero Supporting Chair Sarah Bates shares her top five tips for this annual reporting season. “A great piece of advice I received that has stuck with me is to remember that your annual report is…

Upcoming Events

14 September 2022
Dear partners and members, On behalf of the Supervisory Board of the Chapter Zero Ukraine & Caucasus we are pleased to invite the Non-executive directors and Supervisory board members from Ukraine, Georgia and Armenia to the Launch event that will be held online on September 20th, 2022 at 14.00 Central European…
23 June 2022
When: 12th October What: 24-hour global virtual summit The Climate Governance Initiative is excited to announce Ambition to Action, the 2022 Global Summit, a 24-hour global virtual summit that will welcome non-executive directors (NEDs) from around the world to discuss effective climate governance and hear about best practice actions already underway…

We strive to mobilize chairs, non-executive, and independent directors through enhancing their skills in climate governance and climate action.
Join the network of more than 20 chapters in over 50 countries.

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