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CCLI South Africa convenor Christine Reddell featured on IoDSA panel discussing directors’ duties and climate change


CCLI South Africa convenor Christine Reddell recently featured on a panel on directors’ duties and climate change hosted by the Institute of Directors in Southern Africa.

Reddell explained that the far-reaching provisions of the South African Companies Act and King IV Report “clearly suggest that directors’ fiduciary duties will be interpreted to encompass the risks that climate change poses for an organisation. Directors will be judged according to the reasonableness of their actions, which will involve an assessment of industry best practice, scientific consensus on climate change and the material risks that climate change poses to a business, and a consideration of what the boards of peer companies are doing.”

For coverage of the event, see here.

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 Kemp House, 160 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 Kemp House, 160 City Road, London, United Kingdom EC1V 2NX.

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