Focus: Examining the evolving legal and financial obligations of corporate boards and executives regarding environmental and social risks.

Key Points:

• Legal Precedents: Analyzing court cases or legal opinions that establish climate change as a material financial risk requiring board oversight.

• Board Competency: The need for ESG expertise among directors, and strategies for director recruitment and training.

• Say-on-Climate: The rise of shareholder proposals demanding annual votes on a company’s climate transition plans.

• Risk Management: Integrating Taskforce on Climate-related Financial Disclosures (TCFD) recommendations into enterprise-wide risk management (ERM) frameworks.