CCLI

Private high-level meeting on climate liability and litigation at Paris COP21
2015-12-15 - 2022-12-15 | Paris, France
The Bank of England’s Prudential Regulation Authority recently pointed out that fiduciaries, including company directors and pension fund trustees, could be held liable for i) contributing to anthropogenic climate change and ii) not reasonably managing the risks associated with climate change. The Bank, and others, have said that this could potentially have significant implications for the insurance sector (in terms of directors and officers insurance), but also for other parts of the financial system and for fossil fuel companies as well.
In light of these developments, the Oxford Sustainable Finance Programme at the University of Oxford’s Smith School of Enterprise and the Environment, together with ClientEarth, brought together key people attending COP21 to help navigate the path ahead. ClientEarth did significant work in this area, and the Oxford Sustainable Finance Programme, together with ClientEarth and The Prince of Wales’s Accounting for Sustainability Project, were looking at these issues across Commonwealth common law jurisdictions, particularly Australia, Canada, South Africa, and the UK.
At the meeting information was shared about these activities, how these issues might develop in 2016 was explored, and areas of potential mutual support and collaboration were identified.

Climate Change Liability: Directors and Officers
2017-01-17 - 2022-01-17 | London, London, United Kingdom
Alice Garton, part of CCLI, joined a panel examine international developments in the emerging field of climate change litigation. This seminar addresses warnings given in 2015 in a major report by the Prudential Regulation Authority, highlighting potential liabilities for companies and directors in relation to:
– contribution to loss and damage caused by anthropogenic climate change;
– a failure to adequately manage the business risks associated with climate change; and
– inaccurate disclosure or reporting of climate related business risks.

Primer on Climate Change: Directors’ Duties and Disclosure Obligations
2021-06-01 10:00 - 17:00 UTC
The Global Primer was launched in EMEA, Latin America, Asia Pacific and North America. Our supporters for these events included the Canada Climate Law Initiative, Aviva Investors, Chapter Zero UK, Chapter Zero France, Climate Governance Malaysia, the AICD (Australian Institute of Corporate Directors), the New Zealand Institute of Directors, the ICDM (Institute of Corporate Directors Malaysia), the Singapore Institute of Directors, the Indian Institute of Directors, Chapter Zero Mexico, Chapter Zero Brazil, the Thai Institute of Directors, the Canada Institute of Directors and the NACD (National Association of Corporate Directors).
EMEA Launch

APAC Launch

North America launch:
Legal Primer on Climate Change: Directors’ Duties and Disclosure Obligations

Note: LatAm launch not available on a public platform)
