Resources

The IFRS Foundation's International Sustainability Standards Board (ISSB) released two Exposure Drafts of proposed sustainability standards on 31 March 2022. These propose disclosures on climate-related financial risks, both as narrative disclosures and in a company's financial statements. In this white paper, Dr. John Purcell FCPA, formerly CPA Australia’s policy adviser for Environmental, Social and…

Directors of Malaysian companies are legally required to incorporate climate change considerations into their decision-making processes, according to a new legal opinion dated 22 July 2022. A failure to do so may be a breach of a director’s legal duties and could expose them to litigation from shareholders or enforcement action from the regulatory authorities.…

Climate change litigation is increasing, both in terms of the number of cases being brought and the routes which claimants are taking. Claims against governments can affect the policy and operating environment for companies, or result in delays or rejection of regulatory approvals. Litigation against companies is increasing, and claims are now being brought against…

On 13 June 2022, we published a summary which captures high-level findings of a review of the public comments submitted to the U.S. Securities and Exchange Commission (SEC) in response to its request for comments in respect of potential climate change related disclosures.

To complement the legal opinion on Legal Opinion on Directors’ Duties and Disclosure Obligations under Hong Kong Law in the Context of Climate Change Risks and Considerations, the CCLI has produced a white paper on Directors’ Liability and Climate Risk under Hong Kong law.

To accompany our paper on Fiduciary Duties and Climate Change in the United States, the CCLI wrote an article summarising what climate change means for Delaware directors.

The CCLI has commissioned a legal opinion on Directors’ Duties and Disclosure Obligations under Hong Kong Law in the Context of Climate Change Risks and Considerations, by Mr Alex Stock SC and Ms Jennier Fan.

To complement the legal opinion on Directors’ obligations to consider climate change-related risk in India, the CCLI has produced a white paper on Directors’ Liability and Climate Risk under Indian law.

The CCLI has commissioned a legal opinion by Mr. Shyam Divan, Senior Advocate, and Ms. Sugandha Yadav and Ms. Ria Singh Sawhney, Advocates, on directors’ duties and disclosure obligations regarding climate change under Indian law.