My musings on my favourite snippets about climate over the Institute of Directors conference in May 2024 - what a great 2 days of content (and more of my top 5's to come...).

- Considering the economic value of nature, what is the natural capital in our companies?
- Climate is no longer an emerging risk – how do we accurately monitor it on our risk heat map/matrix?
- Directors have accountability for the use of resources (not just what we leave behind) not just to stakeholders, but the wider public – what legacy are we leaving? As Dr Rod Carr said, directors need to be responsible stewards of shareholders capital – financial, social and environmental.
- How can portfolios be used to invest in social and environmental opportunities which will benefit our communities as much as return a profit?
- Another lens on this from a wider perspective: https://www.impactinvestingnetwork.nz/post/legal-opinion-enabling-impact-investing-what-s-holding-us-back

I really enjoyed the talk by Vicki Watson of The Aotearoa Circle, she has helped to shift my view from climate change to natural capital risk, and I can see I have a lot of reading to do in this space! Some key ones that were called out are:

https://tnfd.global/wp-content/uploads/2023/12/BNEF_Case-Studies_-Nature_Risk_When-bees-sting.pdf

https://www.theaotearoacircle.nz/reports-resources/protecting-new-zealands-competitive-advantage
https://www.theaotearoacircle.nz/reports-resources/legal-opinion-2023-nz-director-duties-to-manage-nature-related-risk-and-impact-on-natural-capital