Directors' duties and liabilities around climate risk: the TCFD recommendations

A webinar on the regulatory landscape in relation to the TCFD recommendations and climate risk

Gone are the days when companies’ boards of directors could ignore the issue of climate change and its financial impacts. We are seeing growing momentum for disclosure of climate-related financial risks, particularly after the release of the TCFD recommendations.

Regulators and legislators are also catching up. A number of European jurisdictions are considering mandatory disclosure requirements similar to those under Article 173 of the French Energy Transition Law, while the UK is looking at implementaion options for the TCFD recommendations. Furthermore, the Australian Prudential Regulation Authority has announced that climate change presents a prudential risk, and shareholders of the Commonwealth Bank filed a lawsuit alleging inadequate disclosure of those risks.

This webinar will provide an overview of the regulatory landscape in relation to the TCFD recommendations and climate risk, in addition to a detailed analysis of the current situation in Australia and the UK. Join us to develop a better understanding of the duties directors are responsible for, as well as the liability risks they may be exposed to.

Speakers:

  • Adam Peirce, Technical Director, CDSB
  • Alexia Staker, Lawyer, ClientEarth
  • Sarah Barker, Special Counsel, Minter Ellison

Register here