{"id":261006,"date":"2023-06-07T10:03:47","date_gmt":"2023-06-07T08:03:47","guid":{"rendered":"https:\/\/climatescience.press\/?p=261006"},"modified":"2023-06-07T10:03:49","modified_gmt":"2023-06-07T08:03:49","slug":"shakedown-climate-governance-initiative-uk","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=261006","title":{"rendered":"Shakedown! Climate Governance Initiative (UK)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"261010\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=261010\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?fit=1536%2C888&amp;ssl=1\" data-orig-size=\"1536,888\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0Depositphotos_91313704_XL-1536&amp;#215;888-1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?fit=723%2C418&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?resize=723%2C418&#038;ssl=1\" alt=\"\" class=\"wp-image-261010\" width=\"723\" height=\"418\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?resize=1024%2C592&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?resize=300%2C173&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?resize=768%2C444&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?resize=1200%2C694&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?w=1536&amp;ssl=1 1536w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?w=1446&amp;ssl=1 1446w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"https:\/\/www.masterresource.org\/\">Master Resource<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>By Robert Bradley Jr.\u00a0<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cOur&nbsp;<strong>mission<\/strong>&nbsp;is to mobilise boards around the world to accelerate the net zero transition,&nbsp;guided by&nbsp;the World Economic Forum\u2019s Principles for Effective Climate Governance.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Politicized ESG alert for corporations. The&nbsp;<a href=\"https:\/\/climate-governance.org\/about-us\/\">Climate Governance Initiative<\/a>&nbsp;(CGI), housed at the University of Cambridge (UK), wants to hose you down in the name of \u201csaving the Planet.\u201d Rather than debate climate alarm and forced energy transformation, CGI wants to assume it and race down Hayek\u2019s&nbsp;<a href=\"https:\/\/press.uchicago.edu\/ucp\/books\/book\/chicago\/R\/bo4138549.html\">Road to Serfdom<\/a>, the Utopia being Climate Stability (or some such thing).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The UK Climate Governance Initiative is based on the following premise:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Climate change is a global emergency. Business has a crucial role to play in the necessary transition.&nbsp;<em>Boards&nbsp;must take the lead on this.<\/em><\/p>\n<\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Our Mission, Vision &amp; Values<\/strong>&nbsp;(<a href=\"https:\/\/climate-governance.org\/about-us\/\">here)<\/a>:<\/h5>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Our&nbsp;<strong>mission<\/strong>&nbsp;is to mobilise boards around the world to accelerate the net zero transition,&nbsp;guided by&nbsp;the World Economic Forum\u2019s Principles for Effective Climate Governance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our<strong>&nbsp;core purpose<\/strong>&nbsp;is to enable effective climate corporate governance and mobilise boards to act.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our&nbsp;<strong>vision<\/strong>&nbsp;is that a critical mass of boards proactively govern their organisations to&nbsp;ensure they fully contribute to&nbsp;resolving&nbsp;the&nbsp;global&nbsp;climate challenge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our&nbsp;<strong>values<\/strong>&nbsp;underpin everything we do.&nbsp; We are impact focused, collaborative and entrepreneurial in spirit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Impact focused<\/strong>&nbsp;\u2013 We are highly motivated to make a difference through effective climate governance, using impact as a lens for our decision making.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Collaborative<\/strong>&nbsp;\u2013 We work with others who share our goals to achieve our mission, valuing the importance of collaboration over competition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Entrepreneurial<\/strong>&nbsp;\u2013 We are fast acting, creative and learn from our actions and those of others.<\/p>\n<\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Our Ambition 2025<\/strong><\/h5>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">We see the next 3 years as critical in our response to the global challenge posed by climate change.&nbsp; The IPCC report 2021 signals a \u2018code red\u2019 for humanity and emissions globally need to be halved by 2030 to ensure average temperature rise does not exceed 1.5 degree by 2050.&nbsp; The business community must act now to move from pledges to action, yet lacks the tools, skills and expertise to do so effectively, to create climate related opportunities and respond to risks.&nbsp; Boards are uniquely placed to drive this change, asking the right questions and providing robust challenge for the long-term resilience of the companies they oversee.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our&nbsp;<strong>ambition<\/strong>&nbsp;is for Boards to be transformed through implementation of the World Economic Forum Principles for Effective Climate Governance.&nbsp; This will be evidenced by the progress of companies whose board members are active members of CGI Chapters over the next 3 years and an overall increase in the number of companies with transition plans compatible with a 1.5 degree scenario.&nbsp; The Chapters of the CGI have an instrumental role to play for this Ambition to be realised, with the support of the Governing Board and Secretariat.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u2014\u2014\u2014\u2014\u2014\u2013<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Conclusion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, it takes nerve for a business to tell an organization like this to&nbsp;<em>stay off its property and not bother the employees<\/em>. To go away. To debate rather than indoctrinate. To read Steven Koonin\u2019s&nbsp;<a href=\"unsettled: What the Science Tells Us and What It Does Not and Why It Matters\">Unsettled: What the Science Tells Us and What It Does Not and Why It Matters<\/a>&nbsp;(2021). Alex Epstein\u2019s&nbsp;<em><a href=\"https:\/\/www.amazon.com\/Fossil-Future-Flourishing-Requires-Gas-Not\/dp\/0593420411\">Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas \u2013 Not Less<\/a><\/em>&nbsp;(2022). And the newest of all: Judith Curry\u2019s&nbsp;<em><a href=\"https:\/\/judithcurry.com\/2023\/01\/17\/climate-uncertainty-and-risk-in-press\/\">Climate Uncertainty and Risk<\/a><\/em>&nbsp;(2023).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Politicized ESG alert for corporations. The\u00a0Climate Governance Initiative\u00a0(CGI), housed at the University of Cambridge (UK), wants to hose you down in the name of \u201csaving the Planet.\u201d Rather than debate climate alarm and forced energy transformation, CGI wants to assume it and race down Hayek\u2019s\u00a0Road to Serfdom, the Utopia being Climate Stability (or some such thing).<\/p>\n","protected":false},"author":121246920,"featured_media":261010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818056,691818381,691818154,691820012],"class_list":["post-261006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-climate-change","tag-ipcc","tag-net-zero","tag-zero-transition","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Depositphotos_91313704_XL-1536x888-1.jpg?fit=1536%2C888&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-15TM","jetpack-related-posts":[{"id":261509,"url":"https:\/\/climatescience.press\/?p=261509","url_meta":{"origin":261006,"position":0},"title":"Shakedown! Climate Governance Initiative (UK)","author":"uwe.roland.gross","date":"06\/10\/2023","format":false,"excerpt":"Politicized ESG alert for corporations. The\u00a0Climate Governance Initiative\u00a0(CGI), housed at the University of Cambridge (UK), wants to hose you down in the name of \u201csaving the Planet.\u201d Rather than debate climate alarm and forced energy transformation, CGI wants to assume it and race down Hayek\u2019s\u00a0Road to Serfdom, the Utopia being\u2026","rel":"","context":"In \"Climate Governance Initiative\"","block_context":{"text":"Climate Governance Initiative","link":"https:\/\/climatescience.press\/?tag=climate-governance-initiative"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0-car-cemitary.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0-car-cemitary.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0-car-cemitary.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0-car-cemitary.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0-car-cemitary.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":266359,"url":"https:\/\/climatescience.press\/?p=266359","url_meta":{"origin":261006,"position":1},"title":"Are we Finally Heading Toward ESG sanity?","author":"uwe.roland.gross","date":"07\/09\/2023","format":false,"excerpt":"All this is good news. The American people are showing they will not stomach the woke agenda these wealthy, powerful, unelected ESG promoters are imposing on them. We the People and our elected representatives have a right and duty to confront and, hopefully, put a stop to them.","rel":"","context":"In \"BlackRock CEO Larry Fink\"","block_context":{"text":"BlackRock CEO Larry Fink","link":"https:\/\/climatescience.press\/?tag=blackrock-ceo-larry-fink"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":240070,"url":"https:\/\/climatescience.press\/?p=240070","url_meta":{"origin":261006,"position":2},"title":"\u201cESG Check in\u201d: More details on the Securities &#038; Exchange Commission\u2019s Activist Role in the \u201cWhole of Government\u201d Push on ESG, \u201cClimate Risk Disclosure\u201d","author":"uwe.roland.gross","date":"01\/16\/2023","format":false,"excerpt":"The indispensable transparency-in-government group Energy Policy Advocates has provided GAO a review of record productions from FOIA litigation with the Securities & Exchange Commission, including specifically from calendars of Chairman Gary Gensler and then-Commissioner Allison Herren Lee.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-745.png?fit=1200%2C755&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-745.png?fit=1200%2C755&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-745.png?fit=1200%2C755&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-745.png?fit=1200%2C755&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-745.png?fit=1200%2C755&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":239288,"url":"https:\/\/climatescience.press\/?p=239288","url_meta":{"origin":261006,"position":3},"title":"ESG Fell to Earth in 2022","author":"uwe.roland.gross","date":"01\/12\/2023","format":false,"excerpt":"In reality, it\u2019s about investors and debt providers driving the decarbonization of Western companies and sunsetting its oil and gas companies.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-12-145507.png?fit=766%2C872&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-12-145507.png?fit=766%2C872&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-12-145507.png?fit=766%2C872&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-12-145507.png?fit=766%2C872&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":291885,"url":"https:\/\/climatescience.press\/?p=291885","url_meta":{"origin":261006,"position":4},"title":"\u2018Misleading\u2019: Red State AG Slaps BlackRock With Lawsuit For Allegedly Harming Consumers","author":"uwe.roland.gross","date":"12\/19\/2023","format":false,"excerpt":"Republican Tennessee Attorney General Jonathan Skrmetti filed a consumer protection lawsuit Monday against BlackRock, the world\u2019s largest asset manager and a leading proponent of Environmental, Social and Corporate Governance (ESG) investing.","rel":"","context":"In \"$8 trillion\"","block_context":{"text":"$8 trillion","link":"https:\/\/climatescience.press\/?tag=8-trillion"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0id5231961-Jonathan-Skrmetti-2-1200x764-1.jpg?fit=1200%2C764&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0id5231961-Jonathan-Skrmetti-2-1200x764-1.jpg?fit=1200%2C764&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0id5231961-Jonathan-Skrmetti-2-1200x764-1.jpg?fit=1200%2C764&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0id5231961-Jonathan-Skrmetti-2-1200x764-1.jpg?fit=1200%2C764&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0id5231961-Jonathan-Skrmetti-2-1200x764-1.jpg?fit=1200%2C764&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":334728,"url":"https:\/\/climatescience.press\/?p=334728","url_meta":{"origin":261006,"position":5},"title":"ESG and stakeholder capitalism: A necessary deconstruction","author":"uwe.roland.gross","date":"06\/26\/2024","format":false,"excerpt":"\u201cI\u2019m not going to use the word \u2018ESG\u2019 because it\u2019s been misused by the far left and the far right,\u201d Larry Fink, chairman and chief executive of BlackRock, declared a year ago. The far left, Fink complained, wanted BlackRock to use other people\u2019s money to decarbonize the economy. As for\u2026","rel":"","context":"In \"BlackRock\"","block_context":{"text":"BlackRock","link":"https:\/\/climatescience.press\/?tag=blackrock"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/261006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=261006"}],"version-history":[{"count":5,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/261006\/revisions"}],"predecessor-version":[{"id":261012,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/261006\/revisions\/261012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/261010"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=261006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=261006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=261006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}