Directors' personal liability for corporate inaction on climate change | Governance Directions

A proactive stance on governance of climate change is now seen as consistent with financial wealth interests. Boards must actively engage with how the issue of climate change impacts on their operations, risk and strategy. A passive approach to climate change governance may be inadequate to satisfy directors' duties of due care and diligence.

Author: Sarah Barker, Special Counsel, Minter Ellison Lawyers

Reprinted with the kind permission of the Governance Institute Australia

NAB: Carbon Neutral – Staff Engagement Positive

NAB: Carbon Neutral – Staff Engagement Positive

"I’m so proud to be working for this bank." Late in September 2007, emails like this started pouring into the inbox of then NAB Group CEO John Stewart. What could generate this kind of organisational patriotism in a bank? It wasn’t their new home lending rate, a merger deal, or even a pay rise. Stewart had just announced that the bank was to become carbon neutral by September 2010.

Climate Alliance recognises business leadership

Climate Alliance recognises business leadership

At its National Conference held in Melbourne today, Climate Alliance announced the Business Leadership Award winners for outstanding achievements in climate response within the business community. From a number of highly commendable submissions, three entries stood out in the categories of Board Leadership, Executive Leadership and Business Innovator.

2011 Climate Alliance National Conference - Summary

2011 Climate Alliance National Conference - Summary

This year’s National Conference featured both stirring and startling presentations from a high-profile panel of speakers. Following the presentations was a panel discussion, with some robust discussion of current issues facing the business world and the ways in which businesses are tackling the step-change opportunities presented by the carbon reduction challenge.