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mean for directors’ and trustees’ duties and disclosure obligations
Commonwealth Climate and Law Initiative
ABOUT
We connect the dots between climate science and economics, existing law and what that means in practice for corporate and investment governance.
We produce legal research and practical tools on how to integrate the risks and opportunities of climate change and biodiversity loss into corporate and investment governance, in order to minimise the risk of personal liability for directors, officers and investor fiduciaries, and maximise near term efforts in the transition to a sustainable economy.
Our founding partners are the University of Oxford Smith School of Enterprise and the Environment, ClientEarth, and Accounting For Sustainability.
SPOTLIGHT
In October 2021, we published a first-of-its-kind legal analysis on climate change and directors’ fiduciary duties under Delaware law. You can read the analysis here.
Fiduciary Duties and Climate Change in the United States
The CCLI, in collaboration with ClientEarth and Ceres, has produced a first-of-its-kind analysis of climate change as a risk within the purview of directors’ duties under Delaware law.
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