News

Japanese boards could face fines, losses and lawsuits for failing to act on climate risks

Sustainable Views · last updated
Request Free Trial

Japanese boards could face fines, losses and lawsuits for failing to act on climate risks

The CCLI report says company boards in Japan are liable for overseeing how the business deals with climate-related risks © YuriArcursPeopleimages/Envato
The CCLI report says company boards in Japan are liable for overseeing how the business deals with climate-related risks © YuriArcursPeopleimages/Envato

The Commonwealth Climate and Law Initiative says the country’s courts may take a stricter stance than other jurisdictions when assessing director duties

Japanese company boards need to be more proactive at integrating climate risks into governance practices, says research published by the Commonwealth Climate and Law Initiative.

A service from the Financial Times