New Practical Law guidance: Climate risk, net zero and corporate governance
Directors of Australian companies are now increasingly required to consider the risks posed by climate change as part of their corporate governance, and to take appropriate action to disclose and manage those risks over both the short and the long term. Practice note, Climate risk, net zero and corporate governance describes the main existing sources of climate risk-related law, regulation and reporting frameworks affecting company directors' statutory duty of care, disclosure obligations for listed public companies, and the risks of greenwashing liability when making net zero commitments.