Responding to Climate Risks: Perspectives From the Board

Chapter Zero co-founder Julie Baddeley discusses a corporate Board's perspective on how climate change will affect firms in the real economy.

Originally released on the GARP Risk Podcast on July 16, 2020.

In this episode of the Climate Risk Podcast series, we are moving beyond financial services to look at how climate change will affect firms in the real economy. We will be joined by Julie Baddeley, one of the UK’s most experienced women directors, who will be sharing insights on this topic from the perspective of the Board.

Julie is also one of the founders of Chapter Zero, a fast-growing network for Chairs, Committee Chairs and Non-Executive Directors. Chapter Zero has been established to provide support, education and tools to this important group on the matters of climate change and the associated risks and opportunities. Links to find out more about Chapter Zero, as well as some of there useful educational tools, can be found below.

Links from today’s discussion

• Chapter Zero’s Website: https://www.chapterzero.org.uk/
• Chapter Zero’s Toolkit for Boards: https://www.chapterzero.org.uk/toolkit/
• Chapter Zero’s Change Management Toolkit: https://www.chapterzero.org.uk/change-management/
• GARP’s 2020 Survey of Climate Risk Management at Financial Firms: https://www.garp.org/garp-risk-institute/second-annual-global-survey-of-climate-risk-management-at-financial-firms

If you have any questions, thoughts or feedback regarding this podcast series, we would love to hear from you. Please email us at: climateriskpodcast@garp.com

speaker bios

Julie Baddeley, Chair of Steering Group, Chapter Zero

Julie Baddeley is one of the UK’s most experienced women directors having served in an executive and non-executive capacity on the boards of leading companies in the FTSE 100 and 250 indices, as well as major public sector organisations.

In 2001 she moved to a portfolio career and has served as a director across a range of sectors including consumer, retail, financial services, professional services and global industrial. She was chairman of global recruitment company Harvey Nash plc until its sale in 2018.

At the Said Business School, Julie coached top business teams from around the world on the execution of business strategy, having previously been the partner in charge of Accenture’s change management practice in Europe. She was Executive Director at Woolwich plc responsible for HR, IT and the insurance businesses.

Julie is active in raising the awareness of boards of UK quoted companies on the impact of climate change on their business models and balance sheets, and the impact they are having on the global climate. She is Director of the Hughes Hall Centre for Climate Change Engagement, which aims to bring Cambridge University thinking on climate science, law, regulation, risk and communication into the boardroom.