CPRT Expert Dialogue: Responsible Policy Engagement on Climate Change: Practical Steps for Addressing Misalignment

• As more investors consider risks related to climate change and a just energy transition, and California and the European Union implement new Scope 3 reporting, companies are being pressed to develop concrete action plans to achieve net zero or other environmental targets. Though these plans focus on operations, supply chains, and products or services, firms are increasingly recognizing the importance of stable, aligned climate policy as a critical factor in reaching their stated goals. 

  Yet, in practice, responsible policy engagement for climate can be tricky. How do companies work with their trade associations in an aligned way? How do they balance climate priorities against other urgent policy issues? And what is the role of the board in helping companies take a strategic, long-term approach to climate as a systemic risk?

  In our next Expert Dialogue, we will talk with Yamika Ketu, a Senior Associate with the Ceres Accelerator for Sustainable Capital Markets. Ketu recently completed analyses of the financial services and utilities sectors and works with companies every day to address common challenges through practical steps such as trade association audits. Please join us as we explore:

  • Why investors, boards, and management teams are increasingly focusing on responsible policy engagement as a key part of their climate risk management strategies.
  • The most common areas of misalignment and what risks they create, and lessons from recent analyses of the financial services and utility sectors.
  • Practical steps companies can take to address misalignment in their policy engagements and how boards can help. 
  • How a trade association audit works in practice.

  The Ceres Accelerator for Sustainable Capital Markets is an investor-driven initiative working to reduce the worst financial impacts of the climate crisis by transforming the practices and policies that govern capital markets, based on the Ceres Blueprint for Responsible Policy Engagement on Climate.

The CPRT is strictly non-partisan and does not advocate, promote or support any political party or candidate. While speakers and participants in the Expert Dialogues may express their views freely, the CPRT does not endorse particular organizations, individuals, parties, policies or legislation.