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Singaporean company directors to take climate change seriously or risk personal liability, new legal opinion warns

14 April 2021 – Company directors in Singapore could face personal liability if they fail to take action to  address climate change risks, according to a new legal opinion by a team of independent legal  counsel. 

The legal analysis found that Singaporean directors are obliged to consider climate change  impacts as part of their duties to act in the best interests of the company. Therefore, directors  could be subject to litigation if they fail to respond to climate risk – particularly where those  risks are material to the business.