UK company directors may be liable for climate impacts, say lawyers #ClimateHarm#PierceTheCorporateVeil https://t.co/L5EF4sYzQQ
— @ElaineJohnson (@Elaine_EnvLaw) March 16, 2024
A legal opinion published this week found that board directors had duties to consider how their business affected and depended on nature. These included climate-related risks as well as wider risks to biodiversity, soils and water.The analysis said directors of UK firms faced serious personal consequences for breaching these duties, potentially including claims for damages or compensation by their shareholders.
