Climate Governance Initiative Australia – COP26 Statement

AICD

The Climate Governance Initiative is a global director network with over 20 national chapters, operating in partnership with the World Economic Forum.

The AICD hosts the Australian Chapter of the Climate Governance Initiative, in collaboration with a working group of Australian experts and advisers.

Today, the international Climate Governance Initiative network has released a statement as the COP26 UN Climate Change Conference meets in Glasgow.

The statement warns that, “Climate change is the single-greatest threat to global systemic financial stability, and its impacts will be felt by all companies. It poses major short, medium and long-term risks, requiring boards to put climate considerations at the heart of their strategy, risk management and disclosure processes.”

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