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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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. …

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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…

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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),…

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Commonwealth Climate and Law Initiative
The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.
Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153, REGISTERED CHARITY NUMBER 1203501 and with registered office at 128 City Road, London, United Kingdom EC1V 2NX.

Commonwealth Climate and Law Initiative

The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.

Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153, REGISTERED CHARITY NUMBER 1203501 and with registered office at 128 City Road, London, United Kingdom EC1V 2NX.

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