All Posts – CCLI

New Guide for Board Directors: Managing nature risks

The Commonwealth Climate and Law Initiative (CCLI) partnered with the Taskforce on Nature-related Financial Disclosures (TNFD) to produce a new resource for board directors along with Chapter Zero, Competent Boards, and the Green Finance Institute (GFI): “Asking Better Questions on Nature: A Guide for Board Directors.” This is the first in the TNFD’s new “Asking…

CCLI joins World Benchmarking Alliance

The Commonwealth Climate and Law Initiative (CCLI) joins the World Benchmarking Alliance (WBA) as an Ally and its Nature Collective Impact Coalition (Nature CIC) as a member.

Directors’ duties and nature governance: a behavioural science approach

At the UNEP-WCMC Nature Actions Dialogue 2025, CCLI led a session explaining how the law and behavioural science can help companies overcome barriers to nature action.

Directors’ Duties & Climate Change in Japan: 2025

Understanding the financial materiality of corporate culture: practical tools for decision-makers

Corporate culture – the manifestation of what people do and why they do it – consistently and continuously reflects itself in financial performance. - Tina Mavraki In this Insight, CCLI climate lawyer Sarah Hill-Smith speaks to Konstantina (Tina) Mavraki, UK Institute of Directors Chartered Portfolio Director, strategic advisor to prominent banks and companies, and author…

COP16 – Key Takeaways for Corporates

Author: Jasmin Fraser Date: 2 December 2024 The 16th Conference of the Parties to the Convention on Biological Diversity, known as the COP16, took place from 21 October to 1 November 2024 in Cali, Colombia. COP16 had a tough act to follow – at COP15, the long-anticipated Kunming-Montreal Global Biodiversity Framework (GBF) was adopted. Our key…

Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures (Fourth edition, 2024)

As a systemic risk, climate change has the potential to disrupt the functioning of the entire financial system. This makes climate change a material consideration for boards of directors, who are responsible for ensuring the long-term viability of businesses. The fourth edition of the Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures (the Navigator)*, like earlier editions, seeks…

Nature-Related Impacts, Risks and Disclosures: What Do Investors Expect from Boards?

Investors around the world are increasingly scrutinising corporate directors’ governance and management of nature-related risks. In this Insights, we talk to Rachel Crossley , Head of Stewardship, Europe at BNP Paribas Asset Management (BNPP AM) about BNPP AM’s expectations of boards regarding their management of nature-related impacts and risks, disclosures, and why it is so…

What does the Grantham Institute’s 2024 climate litigation report indicate about director liability?

Over the past six years, the Grantham Research Institute, in partnership with the Sabin Centre for Climate Change Law, has published annual snapshot reports in its Global trends in climate litigation series. Each report provides a synthesis of the latest research and developments in the climate change litigation field, and serves as a valuable resource for understanding the evolving…

What does the new CDP water briefing for directors (the Briefing) mean for financial institutions and directors’ duties?

The CCLI’s Biodiversity and Africa Lawyer, Victoria Puxley, talks to Annabel Nelson, Strategic Advisor to the CDP, about what water risk means for financial institutions and directors’ duties. This follows the release of a CDP water briefing for directors authored by Annabel and linked at the bottom of this Insights. Victoria: What prompted you to write…

Redefining Governance: the CSDDD’s Impact on Directors

Author: Jasmin Fraser and Isabella Seitz Date: 13 August 2024 In a move towards increased corporate accountability, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the EU Official Journal on 5 July 2024. Member States are required to adopt and publish the laws, regulations and administrative provisions necessary to comply with the CSDDD…

TNFD WEBINAR: Recording of “Boards and nature – the evolving landscape for director’s duties”

In case you missed the Taskforce on Nature-related Financial Disclosures (TNFD) webinar on 11 July 2024 titled, “Boards and nature - the evolving landscape for director’s duties”, the recording has now been made available here . The Commonwealth Climate and Law Initiative (CCLI)’s Board Members, Cynthia Williams and Sarah Barker, were panelists on the webinar. …

The Green Mirage: climate lobbying and corporate greenwashing

Author: Jasmin Fraser and Jenni Ramos Date: 18 June 2024 Lobbying is common among businesses. But where does it cross the line from well-founded engagement to greenwashing? In this blog post, we highlight how the ‘say-do’ gap - the gap between what companies say they are doing and what representatives of their business or their…

Private Roundtable: Global Regulatory Enforcement Approaches to Tackle Greenwashing: “Lessons to and from Asia”

Authors: Param Pandya and Jasmin Fraser Date: 28 May 2024 The Commonwealth Climate & Law Initiative (CCLI) and the EW Barker Centre for Law and Business (EWBCLB), National University of Singapore, co-organised the 'Private Roundtable: Global Regulatory Enforcement Approaches to Tackle Greenwashing: Lessons for Asia' (the Private Roundtable) at the National University of Singapore. …

What does the new UK legal opinion on nature-related risks and directors’ duties mean for climate risks and directors duties?

The CCLI’s Executive Director, Cynthia Williams, talks to the CCLI’s climate lawyers, Jasmin Fraser and Sarah Hill-Smith, about the new independent legal opinion on nature-related risks and directors’ duties in England and Wales commissioned by the CCLI and Pollination (the Opinion), and its significance for climate risks. To understand the importance of the Opinion with…

What does the new UK legal opinion on nature-related risks and directors’ duties mean for directors?

The CCLI’s biodiversity project officer Eniye Igbanibo talks to the CCLI’s biodiversity lawyers about the new independent legal opinion commissioned by the CCLI and Pollination (the Opinion). Eniye: What is so significant about the Opinion? Jenni: This is the first expert legal opinion to confirm that, under the law of England and Wales, company directors…

Improving governance on nature-related risks and opportunities

The Commonwealth Climate and Law Initiative (CCLI) has partnered with the Climate Governance Initiative and the World Benchmarking Alliance (WBA), to publish a briefing for board directors on the Climate Governance Hub. This briefing explores how companies are currently integrating nature considerations into their strategies by analysing six of the Nature Benchmark indicators (a 2022 – 2023 study assessing 769 companies),…

Company directors should consider company’s nature-related risks (including climate risks): landmark English law legal opinion

Date: 13 March 2024 Directors should consider their company’s nature-related risks as part of their duties to promote the success of the company and act with reasonable care, skill and diligence, according to an independent legal opinion dated 11 March 2024, commissioned by the CCLI and Pollination. A team of corporate and financial law barristers…