Our IoD June event formed part of WE ARE GUERNSEY’s Sustainable Finance Week, and explored the topic of directors’ duties through the sustainability lens.
The session was led by Sarah Barker, a Partner and Head of Climate and Sustainability Risk Governance at MinterEllison, Asia-Pacific’s largest commercial law firm.
She was joined by Ellie Mulholland, the London-based Director of the non-profit Commonwealth Climate and Law Initiative and a Senior Associate in the climate risk governance team at MinterEllison.
They set out how climate change has evolved from a purely 'ethical' or 'environmental' issue to have mainstream recognition as a material financial risk across physical, economic transition and litigation dimensions.
Regulatory and investor expectations on climate risk assessment and disclosure are accelerating globally. This poses both risks and opportunities that must be understood, assessed and actioned by directors to fulfil their fiduciary duties.
Sarah and Ellie bought an international perspective to the discussion on climate risk governance and liability, drawing together global developments in the understanding of climate change as a matter of directors' duties. You can download Sarah's slides here and Ellie's slides here.
Fran Watson, Partner at Mourant, discussed directors’ duties in the context of Guernsey’s company law with Sally Rochester, the IoD Guernsey co-lead for Sustainability and the advisory lead for Deloitte in Guernsey concluding by outlining the steps directors should take, and the questions the board should be asking, to ensure they manage the risk and their liabilities appropriately. You can view Fran's slides here and Sally's slides here.
They set out how climate change has evolved from a purely 'ethical' or 'environmental' issue to have mainstream recognition as a material financial risk across physical, economic transition and litigation dimensions.
Regulatory and investor expectations on climate risk assessment and disclosure are accelerating globally. This poses both risks and opportunities that must be understood, assessed and actioned by directors to fulfil their fiduciary duties.
Sarah and Ellie bought an international perspective to the discussion on climate risk governance and liability, drawing together global developments in the understanding of climate change as a matter of directors' duties. You can download Sarah's slides here and Ellie's slides here.
Fran Watson, Partner at Mourant, discussed directors’ duties in the context of Guernsey’s company law with Sally Rochester, the IoD Guernsey co-lead for Sustainability and the advisory lead for Deloitte in Guernsey concluding by outlining the steps directors should take, and the questions the board should be asking, to ensure they manage the risk and their liabilities appropriately. You can view Fran's slides here and Sally's slides here.