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
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…
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…
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…
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…
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…
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…
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. …
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…
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. …
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…
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),…
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…
The Commonwealth Climate and Law Initiative (CCLI) has partnered with the Climate Governance Initiative to publish this briefing for board directors on the Climate Governance Hub. A resource for navigating the rapidly-evolving landscape of sustainability-related corporate responsibilities, this: updates previous briefings on climate change litigation, climate-related disclosures and ESG-related risks in value chains and the…
Under the Australian Corporations Act, nature-related risks are within the scope of directors’ duties to act with care and diligence, according to a new legal opinion dated 24 October 2023. Authored by Sebastian Hartford-Davis and Zoe Bush, the opinion ‘Nature-related risks and directors' duties’ concluded that nature-related risks to a company should be regarded as…
The Commonwealth Climate and Law Initiative (CCLI) is delighted to have worked with the Climate Governance Initiative (CGI) to produce the third edition to the Primer on Climate Change: Directors’ Duties and Disclosure Obligations. This new edition delves deep into the material, financial, and systemic risks posed by climate change, offering valuable insights into the implications…