The 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…

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…

The 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…

To 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.

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…

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,…

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…

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,…

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…

Halting 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…

Litigation 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,…

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…

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…

The Commonwealth Climate and Law Initiative (CCLI), together with Pollination, launched the legal opinion at an in-person event, ‘Legal Opinion: Directors' Duties & Nature Risk’. The launch event was held on 13 March 2024, from 08:00 AM to 11:00 PM at The Law Society, London. The legal opinion, authored by a team of corporate and…

In the context of a rise in climate change-related litigation and activism, City & Financial Global hosted an event titled, 'Climate and ESG Legal Risk Management Summit' in London, on the 25th March 2024. The event provided an analysis of key issues and practical guidance on how to mitigate such risks effectively. Our Biodiversity Risk…

The Commonwealth Climate & Law Initiative (CCLI), a UK-based charity, and the EW Barker Centre for Law and Business, National University of Singapore (EWBCLB), a premier business law research centre in Asia are co-organising the ‘Private Roundtable: Global Regulatory Enforcement Approaches to Tackle Greenwashing: Lessons for Asia’ on 10 May 2024 at the Faculty of…