CGI Russia is a local part of the global climate governance network

World Economic Forum (WEF) — Climate Governance Initiative (CGI)

 CGI Russia is a local part of the global climate management system.

WEF Climate Governance Initiative (CGI).

Appropriate climate risk management solutions hinge upon the development of new management approaches. Through the Climate Governance Initiative (CGI), the World Economic Forum supports raising awareness and developing competencies among boards of directors, allowing them to manage risks more effectively.

Local offices are now being set up in key jurisdictions to bring together directors who can determine effective approaches and processes for climate management in the companies they control.

Thirteen countries, some of which are G20 countries, are already participating in the Climate Governance Initiative: Germany, France, Belgium, Sweden, Chile, Mexico, Brazil, Switzerland, Canada, UK, Italy, Malaysia and Russia.

Risks posed by climate change:

  • Physical destruction and asset impairment because of natural disasters
  • Water scarcity
  • Economic impact
  • Destruction of supply chains
  • Changing behavior and priorities on the consumer market
  • Reputational risks
  • Risk of business model transformation due to regulatory changes



Events and webinars


CGI Russia celebrates its 1st anniversary

CGI Russia celebrates its 1st anniversary

The invitation-only event dedicated to the anniversary of the Climate  Governance Initiative in Russia was attended by representatives of the largest Russian companies and regulators. On October 12, 2021 Climate Governance Initiative Russia (CGI Russia)...

read more
RAEX-Europe updates its ESG-ranking

RAEX-Europe updates its ESG-ranking

The largest rating agency RADEX-Europe has been compiling the ESG-ranking of Russian companies on a monthly basis since 2021. In July, Polyus, our General Strategic Partner, representing a gold-mining industry, was included in the top 10 ranking companies. In...

read more
CGI Russia launches in-house analytics

CGI Russia launches in-house analytics

In order to fulfill the mission of implementing the climate strategy and providing climate governance expertise for board members, CGI Russia launches its own analytics. The main goal is to form an expert opinion on the implementation of the climate agenda in...

read more