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Climate Change & Good Governance, Wednesday 17 November 2021

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Climate Change & Good Governance, Wednesday 17 November 2021

Climate Change & Good Governance
APM Governance SIG virtual meet up

Wednesday 17 November 2021

Presented by
Nick Gray

Content:
-This session covers the need to increase visibility of climate change in governance - aspire to net-zero, better stewardship, good 'ancestorship’.
-Discussion points against each of the 5 governance threads
-Gives participants the chance to interact with each other and swap experiences.
-Seeking case studies and themes to inform future work for the APM Governance SIG

Climate Change & Good Governance
APM Governance SIG virtual meet up

Wednesday 17 November 2021

Presented by
Nick Gray

Content:
-This session covers the need to increase visibility of climate change in governance - aspire to net-zero, better stewardship, good 'ancestorship’.
-Discussion points against each of the 5 governance threads
-Gives participants the chance to interact with each other and swap experiences.
-Seeking case studies and themes to inform future work for the APM Governance SIG

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Climate Change & Good Governance, Wednesday 17 November 2021

  1. 1. OFFICIAL Governance SIG Climate Change & Good Governance 17 November 2021 (17:00-18:00) Version 1.0 1
  2. 2. OFFICIAL Nick Gray Volunteer member, APM Governance SIG. Programme Director in the Rail Investment Centre of Excellence, Network Rail. A career working on complex rail infrastructure programmes in the UK, sponsoring and delivering enhancements at all stages of the lifecycle. Introductions 2
  3. 3. OFFICIAL Agenda • This session covers the need to increase visibility of climate change in governance - aspire to net-zero, better stewardship, good 'ancestorship’. • Discussion points against each of the 5 governance threads • Gives participants the chance to interact with each other and swap experiences. • Seeking case studies and themes to inform future work for the Governance SIG 3
  4. 4. OFFICIAL The challenge: How to embed climate change in effective P3M governance 4
  5. 5. OFFICIAL But first: How can boards best approach the top circle? ? 5
  6. 6. OFFICIAL No need to re-invent the awareness wheel ▪ Resources and links to lots of easy-to-digest information & tools ▪ Equally useful and relevant for all project professionals 6
  7. 7. OFFICIAL Embedding in portfolio direction & alignment 7 Doing the right projects Portfolio projection – will you achieve net zero in totality; interdependencies if an element is not delivered An add-on or integral or centre-stage? Carbon & sustainability integrated in business cases (are traditional business cases still fit for purpose?) Wicked problems, decision making when you have dilemmas – synergy or conflict, biodiversity vs climate change? Is it all downside nail-shredding gloom? Seeking opportunities. Does climate change feature in the top governance forums/papers Is it in the vision & strategic roadmap – and communicated
  8. 8. OFFICIAL Embedding in sponsorship ❖ Champions - aware, savvy & driving for change ❖ Building appropriate business cases; realising the right outcomes and benefits; avoiding disbenefits ❖ Using those influencing skills proactively ❖ Sustainability of the project product – the whole life carbon cost ❖ Requirements – understand the end destination; a vehicle to embed aspects that make a real difference right at the start ❖ Climate resilience as well as net zero (flood, heatwave, storms, drought, sea level rise) ❖ Avoiding it being a soft target for value management ❖ Open to options for project products – avoid, reduce, repurpose / re- furbish / re-use existing, designing new assets for future uses and ease of repurposing or decommissioning. 8
  9. 9. OFFICIAL Embedding in change & project management capability 9 Doing the projects right Recognition in framework, processes and decision gates Horizon scanning, continual adaptation & learning Do success criteria includes climate change Innovation Minimising waste, materials choices, energy use in delivery Take-up upstream & downstream Dealings, oversight and expectations in supply chain Mapping to the right capacity & competence Skills & awareness uplifts for practitioners Is climate change on or under the radar
  10. 10. OFFICIAL Embedding in transparency & assurance 10 KPIs – which ones? Success criteria; Scope 1/2/3. Science-based targets (CO2e) Risks - and opportunities (Chapter Zero & IRM guide) Is it in the 1st & 2nd line assurance toolkits In assurance remits and reports; are assurers climate savvy. Corporate reporting tightening (FRC) Flow through into P3M reporting Reputation (social media) Does the iron triangle need to change to a quadrilateral?
  11. 11. OFFICIAL Embedding in culture & ethics ❖ Are there real & influential champions ❖ Is it there in team meeting agendas ❖ Climate change literacy; training, awareness, curiosity. ❖ The right tone ❖ The what do you tell your kids test ❖ Engagement with communities ❖ Innovation & latest technology ❖ Low hanging fruit – or real in depth changes ❖ Dealing with dilemmas And whilst you are about it what about ESG generally and the other UN sustainable development goals – there are plenty to reflect on 11
  12. 12. OFFICIAL … and podcasts to get you thinking Contact Details – gopmsig@apm.org.uk The Climate Question BBC World Service on BBC Sounds Internet server farms: If everyone deleted 1Gb of emails & attachments from inboxes it would save the equivalent of the annual electricity consumption of Ecuador. Buildings: Light coloured roofing can dramatically reduce the air conditioning load in heatwaves. Concrete: 8-10% of global emissions; substitute, optimise, cut waste Wrap up … 12
  13. 13. OFFICIAL Directing Change 3rd Edition - 2018 Governance of Co- owned Projects - 2017 Sponsoring Change 2nd Edition - 2018 Free to APM members at https://www.apm.org.uk/book-shop/ Gov SIG Publications Directing Agile Change - 2016 APM Learning module – Working with project sponsors Free to APM members at Associate level and above at www.apm.org.uk/apm-learning 13
  14. 14. OFFICIAL Thank you! 14

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