Climate change has long been an area of focus for investors.
Over the past several months, companies have come under greater
scrutiny and have begun to face increased pressure from investors,
regulators, activists, and the public to make commitments to
programs, policies, practices, and disclosures regarding climate
change. While historically, companies' boards of directors were
not expected to oversee climate issues, today, it is widely
accepted among investors that such issues fall squarely within the
purview of boards' responsibilities. There are now ever-growing
expectations that boards consider, engage with, and oversee their
companies' respective approaches to climate change.