International Journal of Academic Multidisciplinary Research (IJAMR)
  Year: 2023 | Volume: 7 | Issue: 11 | Page No.: 235-243
Integrating Climate Change Considerations into Corporate Governance: Strategies for Sustainable Business Practices Download PDF
Ibikunle Jide Ph.D

Abstract:
This paper examines the strategies employed by corporations to seamlessly integrate climate change considerations into their corporate governance, fostering sustainable business practices. Drawing on case studies and best practices, the study explores key approaches, including aligning climate goals with corporate strategy, setting measurable targets, embedding sustainability into governance structures, engaging stakeholders, conducting risk assessments, ensuring transparency through regular reporting, and fostering innovation. The paper emphasizes the transformative potential of climate-conscious governance, highlighting long-term benefits such as risk mitigation, enhanced stakeholder trust, operational efficiency, regulatory compliance, and market leadership. By presenting actionable strategies and lessons learned from leading companies, this study provides valuable insights for organizations seeking to navigate the intersection of climate change and corporate governance in the pursuit of sustainable business practices.