Board Leadership for Growth and Resilience 2026

Effective oversight includes holding management to account for robustly analysing the impact of climate and nature on the business. Boards must have clear visibility into material risks, opportunities and mitigation measures to exercise informed and responsible judgment. True accountability extends beyond outcome reporting. Rodrigo Lauria, Director, Climate Change & Carbon, ValeOversight and responsibility The board is accountable for promoting long-term resilience and value creation. It oversees systems and processes that formalize responsibility for the impact of changes to climate and natural resources on organizations.Principle 1 Enforce board accountability for climate and nature outcomes by defining board-level responsibilities, embedding the topic in board agendas and risk management, and receiving regular reports from management on KPIs and progress toward targets Oversee organizational responsibilities so they are clearly defined, appropriately resourced and effectively enacted Align incentives with long-term goals and organizational values to drive consistent, purpose-led performance Review governance structures and board performance to confirm that oversight of climate and nature remains fit for purpose, supporting resilience and long-term value creation Role of the board Boards influence how responsibility for climate and nature is defined and applied when they: STAK EH O LD E R COLLABORATION SK ILLS A ND KNOWLEDGE CULTUREFOUNDATIONS GUIDING PRINCIPLES FOR CLIMATE AND NATURE GOVERNANCE STRATEGY OVERSIGHT AND RESPONSIBILITY RISK AND OPPORTUNITYDISCLOSURE AND TRANSPARENCY 15 Board Leadership for Growth and Resilience