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New legal opinion cautions Philippine company directors to take climate change seriously or risk liability for gross negligence

28 November 2022, London – Directors of Philippine for-profit corporations must take into consideration climate change-related risks in the discharge of their fiduciary duties of obedience and diligence to fulfil their companies’ long-term legal, economic, moral and social obligations towards their shareholders and other stakeholders. Directors must do so in order to abide by the…

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As climate crisis reshapes business, board directors must rethink legal duties – New Legal Primer examines 20 jurisdictions and European Union

24 June 2021 – A new legal Primer produced jointly by the Commonwealth Climate and Law Initiative and the Climate Governance Initiative (CGI), examines the fast-changing landscape of climate risks and opportunities for business, and the implications for board directors’ legal obligations. The Primer on Climate Change: Directors’ Duties and Disclosure Obligations, which examines 20…

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National inquiry into the human rights impacts of climate change hears evidence on the legal obligations of directors

CCLI Canadian Convenor Professor Cynthia Williams has given evidence at the New York hearing of the world’s first national inquiry into the human rights impacts of climate change. The fact-finding inquiry by the Philippines Commission on Human Rights is investigating the potential human rights impacts on Filipino citizens of the carbon-intensive businesses of 47 multinational…

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Companies should be disclosing in line with the TCFD recommendations, writes the CCLI on the Harvard Corporate Governance Forum

To avoid the risk of inadequate disclosures which capture the attention of regulators and potential litigants, companies should be disclosing in accordance with the recommendations of the G20 Financial Stability Board’s Task Force on Climate-related Financial Disclosures, argue CCLI Canada convenor Professor Cynthia Williams and Director Ellie Mulholland in a post on the Harvard Law…

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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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