Panel 1: Transnational and Comparative Corporate Climate Duties
Corporate law, like climate change, takes place on a global scale. Activities, profits, and corporate structures span between jurisdictions. In recent years, countries around the world have increasingly required companies to disclose environmental risks and sustainability efforts to investors, integrate climate-related risk assessments into corporate governance rules, and have taken other steps that increase the salience of climate considerations in corporate decision making. While some nations, particularly in Europe, have implemented mandatory reporting frameworks, others are still in the early stages of developing regulations to address climate-related financial disclosures and governance. As jurisdictions begin to more seriously grapple with the problem of climate change, what divergent approaches might they take towards incorporating climate risk into their systems of corporate governance?