IFC Climate Governance: Progression Matrix & Tip Sheet

Based on IFC’s well-established Corporate Governance Methodology, the Climate Governance Progression Matrix is a tool to assist Boards of Directors in identifying and overseeing climate-related risks and opportunities. It provides practical and progressive climate-related actions (from Basic Practices – Level 1 to Leadership – Level 4) for each of the six Parameters of the Corporate Governance Methodology:

• Commitment to Environmental, Social, and Governance (Leadership and Culture)
• Structure and Functioning of the Board of Directors
• Control Environment
• Disclosure and Transparency
• Treatment of Minority Shareholders
• Governance of Stakeholders Engagement

Download the Progression Matrix

The tip sheet, Climate Governance: Equipping Corporate Boards to Mitigate Climate Risks and Seize Climate Opportunities, offers guidance to Boards of Directors on climate governance and recommended practices to assist them in identifying and overseeing climate-related risks and opportunities. The tip sheet presents the business case for introducing climate governance and lays out a practical approach based on IFC’s well-established Corporate Governance Methodology. Boards are uniquely positioned to drive climate change action through corporate purpose and strategy and lead the fight against climate change. The tip sheet provides advice on incorporating climate into strategy deliberations and identifying, monitoring, and responding to climate-related issues.

Download the tip sheet