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CCLI Australian convenor Sarah Barker and advisory board member Dr John Purcell featured in Australian business magazine

CCLI Australian convenor Sarah Barker and advisory board member Dr John Purcell featured in an INTHEBLACK article on the increasingly tough scrutiny company directors face over how they recognise and account for climate change risk.

Legal expert Barker explains that it’s a matter of directors’ duties: “The point is that politics is becoming less and less relevant because of a market shift toward material and financial risk, rather than environmental risk.”

Dr Purcell, policy adviser for environmental, social and corporate governance at CPA Australia, agrees. “The expectation on directors related to disclosure is clear,” he says. “If you are building a large infrastructure project in a warming world with equivalent rises in sea level and extreme weather events, you have to adequately adjust to foresee that risk.”

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 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 and with registered office at 128 City Road, London, United Kingdom EC1V 2NX.

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