Institute of Corporate Directors

Description

Climate change is affecting all sectors of the economy and the depth of its impacts will continue to grow. Boards must proactively integrate of climate considerations into oversight of enterprise risk and strategy to position their organizations for long-term success and avoid being at a disadvantage.

However, advancing this imperative is a complex undertaking and directors are grappling with where to begin, how to move forward and when to seek guidance. Important considerations such as how to proactively integrate climate change into the board agenda, ensuring the board has access to the necessary expertise and understanding why non-high-emitting sectors must take a proactive approach are top of mind.

Co-hosted by the ICD and Chapter Zero Canada*, Fundamentals of Climate Governance, a self-directed, foundational module, will introduce you to the World Economic Forum’s Principles on Effective Climate Governance and progress your climate governance learning journey to enhance your contributions to climate change discussions in the boardroom.

*The ICD is host of Chapter Zero Canada, the Canadian Chapter of the World Economic Forum’s Climate Governance Initiative. Chapter Zero Canada’s mandate is to mobilize the corporate director community through education based on the World Economic Forum’s Principles on Effective Climate Governance, as contextualized for Canada, on strategies to embed climate considerations into Canadian boardrooms’ strategic decision making.

Current Offerings

This is a self-directed e-learning module that is open to enrollment all year

Format

Fundamentals of Climate Governance is a self-directed, asynchronous eLearning module of 40+ minutes in length. Access will be granted for a period of 15 days following registration.

Objectives

Participation in this interactive, eLearning module will help you:
- Recognize why boards must take a proactive approach climate change oversight.
- Understand how overseeing climate change links with directors’ fiduciary duty and why it necessitates a unique approach.
- Demonstrate why climate change governance should be integrated with oversight of strategy, risk, performance, and reporting.
- Identify steps to ensure your board is sufficiently educated on climate change and assess whether they could benefit from external resources.
- Determine whether additional skills or expertise are required on you board to effectively oversee climate change.
- Explore different structures and frameworks appropriate for board oversight of climate change.

Advantages

Participants will gain the key insights and understanding necessary to appreciate the urgency of the climate imperative and the oversight role that board directors must play.

Specifically, they will:
- Gain access to a unique independent learning module that can be completed at a pace that best suits their needs.
- Enhance their contributions to climate change discussions in the boardroom by improving their understanding of why they must take a proactive approach in their oversight and steps they can take to continue building their climate competence.
- Debunk common misconceptions about climate change oversight.
- Qualify for 1 CEU toward the annual requirement to retain their ICD.D designation
Note: Fundamentals of Climate Governance is included in the course materials for the Board Oversight of Climate Change program.

Eligibility

This module is for directors across all sectors seeking foundational learning to enhance their contributions to climate change discussions in the boardroom.

Which program is right for you?

Program	Format	Who it is for
Fundamentals of Climate Governance	Self-directed eLearning module, 40+ minutes	Directors across all sectors looking to enhance their contributions to climate change discussions in the boardroom through a foundational module.
Board Oversight of Climate Change	Multi-module blended online course: Module 1: Integration of Climate Change into Oversight of Risk Management Module 2: Integration of Climate Change into Oversight of Strategy Module 3: Overseeing Climate Change Communication and Reporting Each module includes three to five hours of independent learning, a four-hour live, instructor-led session and supplemental resources. Learners gain access to an alumni portal following completion of the third module.	Directors across all sectors looking to: Enhance their oversight of climate-related risks Optimize their organizations’ long-term competitiveness in the context of climate change Augment their contribution to boardroom discussions on climate change reporting Note: Fundamentals of Climate Governance is included in the course materials for Board Oversight of Climate Change*

Fundamentals of Climate Governance