Primer on Climate Change: Directors' Duties and Disclosure Obligations 2023

Climate change presents material, financial and systemic risks to corporations and their investors, leading to serious implications for the duties of directors and officers, and potential disclosure obligations for companies.

The Climate Governance Initiative and the Commonwealth Climate and Law Initiative have published the third edition of the essential Primer on Climate Change: Directors' Duties and Disclosure Obligations.

The third edition of the Primer on Climate Change: Directors’ Duties and Disclosure Obligations provides an overview of the foreseeable financial and systemic risks (and opportunities) over short, medium and long-term investment horizons.

Covering 31 countries and the EU, it outlines the general climate obligations for board directors, and how company law and directors’ duties require directors to incorporate climate change into their strategies, legal oversight, and supervision of the companies entrusted to their care.