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New Practical Law guidance: Climate risk, net zero and corporate governance

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Practical Law Corporate has published a new practice note to assist directors and their advisers in navigating the rapidly developing legal and regulatory framework governing climate risk in Australia.  

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.

By Practical Law Australia Team

Practical Law Australia’s expert legal writers have practical expertise gained from some of the country's leading law firms and corporate legal departments, including Ashurst, Baker & McKenzie, Gilbert + Tobin, Herbert Smith Freehills, the Australian Broadcasting Corporation (ABC) and more. They understand the pressure to deliver timely and cost effective legal advice, which is why Practical Law’s fully maintained practice notes, precedents, drafting notes and checklists offer clear and concise know-how with a practical perspective.

For more information on Practical Law Australia’s legal writing team, visit legal.thomsonreuters.com.au/practical-law-team

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