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Climate change and directors’ duties. Supplementary memorandum of opinion

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Summary

An opinion considering the extent to which the duty of care and diligence imposed upon company directors by s 180(1) of the Corporations Act 2001 (Cth) (“the Act”) permitted or required Australian company directors to respond to climate change risks.

Issuer

Australia

Year

2019

Region

Oceania

Issuer (type)

Centre for Policy Development (CPD) (Research)

Instrument type

Memorandum

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Voluntary

Text analysis

    • Low 0.51%
    • Low 0.00%
    • E focus: climate change, climate risk, energy, environment, greenhouse gas, sustainable finance, water, emissions
    • S focus: social impacts
    • G focus: financial reporting, responsible investment, risk management, lobbying
    • Construction, Finance, Management, Mining, Professional services