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Unquoted Companies Climate-Related Corporate Governance Issues

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Jurisdiction

England and Wales

Contract party

Why use a 🖌️ Climate-related corporate governance note?

A climate-related corporate governance note covers a company's policies and procedures related to climate change. This can include a company's emissions reduction goals, climate risk management strategies, and disclosures related to climate change.

This legal template could provide guidance and address various climate-related corporate governance issues specifically pertaining to unquoted companies under UK law. It might address the growing recognition of the significance of climate change and its impact on businesses, especially in terms of governance and risk management.

The template could offer a comprehensive framework for unquoted companies to ensure their corporate governance practices are aligned with climate-related concerns. It may include guidelines on integrating climate-related risks and opportunities into their overall corporate strategy, decision-making processes, and board responsibilities.

Additionally, the template might address the role and responsibilities of directors and senior management in understanding, disclosing, and mitigating climate-related risks and liabilities. It could provide guidance on reporting and transparency requirements to ensure that the company's position and actions regarding climate change are adequately disclosed to stakeholders.

Furthermore, the template could cover the establishment of suitable climate-related metrics, targets, and performance indicators to assess and monitor the company's progress in managing climate-related risks and their alignment with broader environmental objectives. It may also highlight the importance of periodically reviewing and updating corporate governance practices and relevant policies to adapt to changing regulatory requirements and emerging climate-related risks.

Overall, this legal template is likely aimed at assisting unquoted companies in navigating the complex landscape of climate-related corporate governance issues in the UK and ensuring their business operations are conducted in an environmentally sustainable and responsible manner.

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