Board members and executives of financial and non-financial corporations from Ukraine, Georgia and Armenia can from today join a new chapter of a global network promoting the understanding and adoption of effective climate governance.
The new chapter will help business leaders from Ukraine and the Caucasus region to share knowledge and exchange experiences on climate-related risks, governance, and disclosure frameworks and how they can shape corporate strategy and investment as businesses move strategically towards a net zero economy.
Ukrainian, Georgian and Armenian companies that are able to demonstrate that they follow sustainable business practices already attract foreign investment more easily. Chapter Zero Ukraine & Caucasus will focus on spreading this practical knowledge and expertise on climate governance to connect businesses in these countries more strongly to international markets and capital.
Karina Litvack, Chairman of the Climate Governance Initiative, said: “Chapter Zero Ukraine & Caucasus is a vital resource to enable directors to acquire the competencies they need to place the climate transition at the heart of board strategy, culture and routine decision-making. By joining, they will access an instant fellowship of like-minded directors, as well as experts in key areas of strategy, risk management, audit, remuneration and reporting.”
The EBRD supports the establishment of this new chapter as part of a partnership with CGI to enhance boards’ understanding of how climate risks could affect their business in key regions of focus for the Bank.
Read the full article, here.
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