Introduction
The Climate Governance Initiative Mauritius (CGI Mauritius) is a local Chapter of the Chapter Zero Alliance (the Climate Governance Initiative). It was launched on 19 October 2023 through a collaboration between the Mauritius Institute of Directors (MIoD) and HSBC Mauritius.
As an Advocacy Forum of the MIoD, CGI Mauritius promotes the World Economic Forum’s (WEF) Guiding Principles for Climate and Nature Governance, equipping board members with the awareness and knowledge they need to lead strategic boardroom discussions on climate- and nature-related impacts.
Climate and nature are shaping a
new reality, with wide-ranging risks and opportunities for businesses. Investors, regulators and other stakeholders are now challenging companies to take responsibility by adopting an integrated and strategic approach to addressing climate- and nature-related challenges.
Mission
CGI Mauritius is committed to advancing knowledge, motivating action, and promoting best board practice in climate- and nature governance. Its aim is to support directors in meeting the challenges arising from climate change and nature-related. In so doing, it brings Mauritian boards into the global movement built around the WEF’s Guiding Principles for Climate and Nature Governance, which comprise four principles and three foundations:
Four Principles
- Oversight and Responsibility
- Strategy
- Risk and Opportunity
- Disclosure and Transparency
Three Foundations
- Skills and Knowledg
- Stakeholder Collaboration
- Culture
The building blocks: integrating principles and foundations. (World Economic Forum)
To this end, CGI Mauritius undertakes to develop and curate
regular forms, training, networking events, and other initiatives that empower
and enable directors:
- to gain climate and nature awareness and skills.
- to embed climate and nature considerations into board decision-making.
- to understand and act upon the risks and opportunities that the climate and nature emergency imposes on the success of their organisations.
Climate Governance Pathway
The Climate Governance Pathway is a training programme designed to help organisations build the knowledge, governance capacity, and practical understanding needed to respond effectively to climate related challenges and opportunities, in a manner relevant to the Mauritian context.
The programme combines theory, finance, governance, and practical application through case studies, role playing, real-world business exercises, and interactive learning tools.
The Climate Governance Pathway is structured around two participation routes, allowing organisations and individuals to engage according to their level of climate governance readiness, prior experience, and training needs.
