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Symposia on Climate Change and Liability Risks to Directors, Officers and Companies in Canada
1 October 17 @ 8:00 am - 5:00 pm
The symposia highlighted what leading companies are doing to manage climate change risk and to develop opportunities from the policy transition underway to a low-carbon economy.
The symposia did involve leading members of Canada’s business, law and investment communities to discuss the liability risks to Canadian directors and companies from failing to take seriously the need to transition to a low-carbon economy, and to think through strategies to ameliorate those risks and to promote strong, facilitative governance and regulatory policies for both companies and investors. Discussions addressed boards’ and investment trustees’ fiduciary obligations to develop climate-resilient strategies; securities disclosure requirements and liability risks; and the best thinking on operationalizing Canada’s transition to a low-carbon economy.