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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.

Commonwealth Climate and Law Initiative
The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.
Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153 and with registered office at 128 City Road, London, United Kingdom EC1V 2NX.

Commonwealth Climate and Law Initiative

The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.

Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153 and with registered office at 128 City Road, London, United Kingdom EC1V 2NX.

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