FT Climate Finance Summit: Scaling up Finance for Climate Action
London London, United KingdomAlice Garton, co-investigator at CCLI and Company and Financial Project Leader at ClientEarth, spoke at the FT Climate Finance Summit in London, which gathered some of the leading decision makers, policy makers and investors, to explore the role of international finance in global efforts to combat climate change, as well as the risks and opportunities…
Roundtable on The Climate Disclosure Challenge – Can existing accounting, reporting and assurance standards accommodate the Financial Stability Board Taskforce recommendations?
Melbourne , AustraliaThis Roundtable was arranged by Chartered Accountants ANZ and CPA Australia, in cooperation with the Commonwealth Climate & Law Initiative (CCLI). The Financial Stability Board (FSB) Taskforce on Climate-Related Financial Disclosures (TCFD) presented its final Recommendations to the FSB and G20 in Hamburg on 7-8 July, 2017. Whilst 'voluntary', the TCFD Recommendations are an influential…
National Environmental Law Association Annual Conference ‘Addressing Past Harm, Managing Future Risks’
Brisbane , AustraliaThe 2017 NELA conference brought together a range of experts to discuss the state of Australia’s environment, how various States are addressing past impacts, and innovative mechanisms being explored to avoid future harm. Examining mining rehabilitation, groundwater management, climate risk disclosure, sustainable business practices were among the topics of particular interest.
Symposia on Climate Change and Liability Risks to Directors, Officers and Companies in Canada
Vancouver and Toronto , CanadaThe symposia highlighted what leading companies are doing to manage climate change risk and to develop opportunities from the policy transition underway to a low-carbon economy. The symposia did involve leading members of Canada's business, law and investment communities to discuss the liability risks to Canadian directors and companies from failing to take seriously the…
Directors’ duties and liabilities around climate risk: the TCFD recommendations
This webinar provided an overview of the regulatory landscape in relation to the TCFD recommendations and climate risk, in addition to a detailed analysis of the current situation in Australia and the UK. It helped to generate a better understanding of the duties directors are responsible for, as well as the liability risks they may…
Symposia on Directors’ Liability for Climate Change Damages
Johannesburg and Cape Town , South AfricaThe Commonwealth Climate and Law Initiative (CCLI) organised two high-level symposia in South Africa on the legal basis for directors and trustees to consider, manage, and report on climate change-related risk, and the circumstances in which they may be liable for failing to do so. These events are relevant to a wide range of organisations…
CCLI Country Report Launch and Reception
London London, United KingdomTo coincide with the Commonwealth Heads of Government Meeting in London in April 2018, the Commonwealth Climate and Law Initiative (CCLI) launched and published a series of research reports, including an actionable framework for directors to integrate climate change issues into governance practice and policy recommendations for directors’ associations and financial regulators.
Directors’ Duties Regarding Climate Change in Japan
The report was launched at a webinar hosted by the Japan Climate Leaders' Partnership, with presentations from the authors of the report, as well as Mr. Satoshi Ikeda (Chief Sustainable Finance Officer, Financial Services Agency of Japan) and Mr. Masami Hasegawa (Director, Environment & Energy Bureau, Keidanren). The combination of speakers provided a valuable diversity…
Legal opinion on Directors’ Responsibilities and Climate Change under Singapore law
The legal opinion was launched at a webinar with over 800 attendees in conjunction with the EW Barker Centre for Law & Business at the National University of Singapore and The Law Society of Singapore. Presentations were given by speakers including external speakers Dilhan Pillay Sandrasegara (Executive Director & CEO, Temasek International), Dr Michael Hwang,…
Primer on Climate Change: Directors’ Duties and Disclosure Obligations
The Global Primer was launched in EMEA, Latin America, Asia Pacific and North America. Our supporters for these events included the Canada Climate Law Initiative, Aviva Investors, Chapter Zero UK, Chapter Zero France, Climate Governance Malaysia, the AICD (Australian Institute of Corporate Directors), the New Zealand Institute of Directors, the ICDM (Institute of Corporate Directors…
Directors’ duties and climate change in India
We discussed the legal opinion and white paper at a webinar co-hosted with the Society of Indian Law Firms (SILF). This event was focused on the legal community, which we believe holds a substantial degree of influence over director behaviour, and our range of speakers complemented the aspects by which lawyers can influence their clients,…
Directors’ duties and disclosure obligations under Hong Kong law regarding climate change
The legal opinion and white paper were discussed at a virtual event co-hosted with the Asian Institute of International Financial Law (AIIFL), part of the University of Hong Kong. Speakers included Christine Lau (Assistant Vice President, Hong Kong Exchanges and Clearing Limited (HKEX)), Alex Bidlake (Corporate Partner, Linklaters) and Dr. Emily Lee (Director of AIIFL…
Oxford Sustainable Finance Summit 2022 – Biodiversity and nature session
University of OxfordHalting and reversing the ongoing loss and degradation of nature and its biodiversity are amongst the greatest challenges of our time. The current state of play is deeply worrying. The drivers of habitat destruction and biodiversity loss continue and we are not yet able to deploy capital into nature recovery at the scale or pace…
Oxford Sustainable Finance Summit 2022 – Climate litigation and liability session
University of OxfordLitigation has the potential to help drive the transition to a net zero economy by holding corporations and financial entities to their net zero transition plans, and to re-allocate capital where liability risks are priced into financial decision-making. Yet the risks, opportunities and impacts of climate litigation are not widely understood by financial market participants,…
Webinar: Biodiversity risk for companies: Legal developments – Spotlights on Australia and South Africa
In this webinar, Jenni Ramos explored the key takeaways from our global paper Biodiversity Risk: Legal Implications for Companies and their Directors. We heard from Geoff Summerhayes, Senior Advisor, Pollination and Paula-Ann Novotny, Senior Associate, Webber Wentzel, on the developments they envisaged in their jurisdictions, particularly in relation to implementing Target 15 of the Kunming…
In-person launch of the legal opinion, ‘Directors’ Duties & Responsibilities and Disclosure Obligations Under Philippine Law On Climate Change Risks’
The Fairmont Makati, Makati, The Philippines The Fairmont Makati, 1, Raffles Drive, Makati Ave, Makati, Metro Manila, PhilippinesAfter a successful soft launch at an online roundtable in November 2022, the Commonwealth Climate and Law Initiative (CCLI), together with ClientEarth and the Institute of Corporate Directors (ICD) launched the legal opinion at an in-person event, 'Directors’ Duties & Responsibilities and Disclosure Obligations Under Philippine Law On Climate Change Risks'. The launch event was…
Oxford Sustainable Finance Summit 2023 – Achieving the aims of the biodiversity framework: What role for finance?
After two years of delays, COP15 was finally held in December, bringing together nearly 200 governments to negotiate a global agreement on biodiversity and conservation. The resulting Kunming-Montreal Global Biodiversity Framework is being hailed by some as a ‘Paris Agreement for Nature’. It commits signatories to act to conserve 30% of land, sea and freshwater…
Oxford Sustainable Finance Summit 2023 – Legal innovations: what key legal strategies are being deployed to further sustainable finance?
Sustainable finance is a rapidly developing area of legal innovation. Courts are being asked by shareholders to ensure that corporations are sufficiently ambitious in their climate targets and to rule on class actions alleging that companies’ ESG-related disclosures are inaccurate. Outside the courtroom, corporate and finance lawyers have an important role to play in ensuring…