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
On June 9, 2022, GCI 4 BOARDS, General Partner - Sberbank, in collaboration with "Business Solutions and Technologies" and the Financial University under the Government of the Russian Federation, held a discussion "Climate projects: risks and opportunities for...
On April 14, 2022, the Global Climate Initiative For Boards (GCI 4 Boards) held its first online event after the global geopolitical shock, dedicated to the ESG agenda in the new reality. The meeting participants have discussed the ESG perspectives focusing on the...
CGI Russia continues to support companies’ efforts to achieve their ESG and climate goals as the Global Climate Initiative For Boards
Due to the new geopolitical situation, the global Climate Governance Initiative network has suspended its relationship with the Russian division and CGI Russia will continue its activity as the Global Climate Initiative For Boards from March 21, 2022. We are convinced...
Independent, diversified and ESG-focused Board of Directors augments company value, as CGI Russia / Korn Ferry research demonstrates
The joint CGI Russia / Korn Ferry research based on a standpoint of global investors with $12 trln. AUM highlights the main assessment criteria for BoDs of public companies and main trends for 2022.In a business world being transformed by COVID-19, volatile operating...