29 July 2022 – The Climate Governance Initiative (CGI), in collaboration with the Commonwealth Climate and Law Initiative (CCLI), today is proud to issue the second edition to the Primer on Climate Change: Directors’ Duties and Disclosure Obligations. This edition provides the latest information for board members around the world on their legal obligations in the area of climate risk and disclosure, and how to fulfill them.
The Primer provides an overview of contemporary evidence that climate change presents foreseeable, and in many cases material, financial and systemic risks that affect corporations and their investors.
With sections covering 26 countries and the European Union, board directors from across the globe can use the Primer to understand their legal obligations to their companies, and how to fulfill these by encouraging their boards to integrate climate change into corporate strategies, risk management oversight, governance and disclosure.