Directors duties as they relate to climate risk have been a central focus of the Centre for Policy Development’s work since 2016.
That year saw CPD commission the first of several ground-breaking legal opinions from barrister Noel Hutley SC.
This influential analysis prompted interventions by regulators APRA and ASIC on managing climate risk. Climate risk is now a first-order concern for Australian companies, financial institutions and regulatory bodies.
We have also worked on frameworks to understand climate risk and reshape finance accordingly. Our award-wining research on climate scenarios provides new tools for understanding climate risk.
Our work on directors duties for government authorities highlights the key role of the public sector.
This work is part of the Sustainable Economy Program at the Centre for Policy Development.
Raising the bar examines the legal and practical aspects of how directors’ duties in public authorities and government-owned corporations (GOCs) apply in relation to climate risk, and makes six recommendations for best practice
The Centre for Policy Development commissioned a series of landmark legal opinions from Noel Hutley SC on how Australian law requires company directors to consider, disclose and respond to climate change
Climate horizons: Scenarios and strategies for managing climate risk shows how Australian companies, investors and policymakers can manage climate risks and support a transition to a zero carbon economy
At the Centre for Policy Development, our team is at the forefront of policy research and innovation in Australia.
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