Private high-level meeting on climate liability and litigation at Paris COP21
Paris , FranceThe Bank of England's Prudential Regulation Authority recently pointed out that fiduciaries, including company directors and pension fund trustees, could be held liable for i) contributing to anthropogenic climate change and ii) not reasonably managing the risks associated with climate change. The Bank, and others, have said that this could potentially have significant implications for…
Climate Change Liability: Directors and Officers
London London, United KingdomAlice Garton, part of CCLI, joined a panel examine international developments in the emerging field of climate change litigation. This seminar addresses warnings given in 2015 in a major report by the Prudential Regulation Authority, highlighting potential liabilities for companies and directors in relation to: - contribution to loss and damage caused by anthropogenic climate…
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…
Launch of New Legal Opinion – UK Company Directors and Nature-related Risk
The Law Society 113 Chancery Lane, London, United KingdomThe 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…
Climate and ESG Legal Risk Management Summit 2024 – A practical guide for companies and their investors
Cavendish Conference Centre.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…
Private Roundtable: Global Regulatory Enforcement Approaches to Tackle Greenwashing: Lessons for Asia
National University of SingaporeThe 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…