Paper Title :Climate Change and Corporate Governance: A Literature Review on The Key Principles for Effective Climate Governance

Author :Regina Valentine Oey, Ramielalene M. Dalisay

Article Citation :Regina Valentine Oey ,Ramielalene M. Dalisay , (2020 ) " Climate Change and Corporate Governance: A Literature Review on The Key Principles for Effective Climate Governance " , International Journal of Management and Applied Science (IJMAS) , pp. 10-14, Volume-6,Issue-6

Abstract : The call for climate-related governance to help the environment is becoming more evident, as news about natural disasters keep on appearing since the year began. As the countries and companies affected suffer from economic losses, the motivation to improve and mitigate such potentially catastrophic consequences becomes a priority for everyone around. Agreements that target for a cleaner and greener environment on a global level are already ongoing. To acknowledge this, business corporations factor climate change into their corporate initiatives and practices, so that risks are accounted for. The only question now is, if they are effective and being properly integrated into the policies. The literature provides an overview of the identified financial risks and key guiding principles for effective corporate governance, which developing industries in the Asia Pacific may adapt to mitigate the negative effects brought by climate change. Sample cases that companies use will also be included. This study will not cover every area regarding corporate governance and is limited to selected foundational guidance that may cater to the different sectors and industries across Asia. Keywords - Climate Change; Corporate Governance; Risks; Guiding Principles; Asia Pacific.

Type : Research paper

Published : Volume-6,Issue-6

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