In 2016, a seminal opinion written by Noel Hutley SC and Sebastian Hartford-Davis, advised that Australian company directors had a duty under the Corporations Act to consider climate-related risks or face legal consequences.
A new opinion suggests that under the Australian Corporations Act, nature-related risks are within the scope of directors’ duties to act with care and diligence.
See more about this, as well as the opinion, in an article from Commonwealth Climate and Law Initiative HERE and in another article from Pollination, a specialist climate change investment and advisory firm, HERE