Climate Change Risk and Corporate Governance Directors’ Duties and Liability Exposures in a post-Paris World

Climate change presents material – if not unparalleled – economic risks and opportunities. These emerging exposures have implications for corporate governance in climate-risk exposed industries (from financial services to mining, infrastructure, agriculture, and beyond), investors (banks, asset owners and managers) and for the insurance sector (professional indemnity and directors’ and officers’ insurance).

Despite these risks, there remains little in-depth analysis of how prevailing corporate governance laws and fiduciary duties facilitate – or constrain – the actions of company directors and trustees confronted with complex climate change challenges.

The symposium considered international developments in the law and liability for climate change damages, with a practical, inter-disciplinary perspectives provided by leading directors, economists, investors and insurance-sector executives.