AUS: Climate change adaptation in the boardroom
Climate change risk is distinguishable from other corporate risks because
it can have a widespread impact on individual companies across a range of industry sectors. Climate legal risk is not an easily defined term and spans a range of issues including corporate law, regulatory risks, reputational risks, insurance risks and common law to name but a few. While specific climate change adaptation law is still in the embryonic stages in Australia (and globally), it is likely that the legal sector will be a key driver of change in the private sector.