Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures: UK
Climate change is a material, systemic and financial risk to corporations and their shareholders. This navigator on Directors’ Duties helps directors make informed decisions and understand their legal duties regarding how to manage that risk and understand the broader climate-related regulatory landscape in which they operate. This is the 4th edition of the previously titled ‘Primer on Climate Change: Directors’ Duties and Disclosure Obligations’ and is authored by the Commonwealth Climate and Law Initiative.
In this navigator, directors can dive into information on over 30 jurisdictions which is relevant to their board duties and responsibilities, including:
- Government and regulatory approaches to climate change
- Sustainability and climate-related disclosure requirements
- Liability risks for companies and directors
- Practical tips for directors
A number of jurisdictions have an overview of the biodiversity risks directors should be aware of in their region to manage material financial risks and take advantage of the opportunities arising from them. By integrating the climate and nature-related risks and opportunities into the development of corporate strategy, risk management oversight, governance and disclosure, directors are better informed to make decisions with respect to climate and to fulfil their obligations to their companies.
Directors’ Duties in the United Kingdom
Discover key information for Non-Executive Directors and Directors of organisations headquartered in the UK, including the following:
- Legal and Regulatory Landscape Regarding Climate Change
- Directors’ Duties and Climate Change
- Directors’ Duties and Sustainability Disclosure Obligations
- Biodiversity Risk
- Practical implications for board directors
Directors’ Duties Global Navigator
You can explore the full Directors’ Duties Global Navigator on the Climate Governance Initiative website, allowing you to dive into information on over 30 jurisdictions which is relevant to their board duties and responsibilities, including region-specific information on:
- Legal and Regulatory Landscape Regarding Climate Change
- Directors’ Duties and Climate Change
- Directors’ Duties and Sustainability Disclosure Obligations
- Practical implications for board directors
Related Content
UK Legal Opinion: Nature-Related Risks and Directors’ Duties
In this briefing, the Commonwealth Climate and Law Initiative outline the key findings of the March 2024 legal opinion - ‘Nature-related risks and directors’ duties under the law of England and Wales’, and actions directors can take.
Navigating the landscape of climate law and regulation: A briefing for boards
This report, by Chapter Zero, the Centre for Climate Engagement, and Freshfields, highlights not only what non-executive directors need to know about climate law and regulation from a governance perspective, but importantly how to use this knowledge to become pioneers in the net zero transition.
