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The Duty of Due Consideration in the Anthropocene:

Climate Risk and English Directorial Duties

DOI https://doi.org/10.21552/cclr/2017/2/5

Lisa Benjamin


Companies are responsible for a large amount of greenhouse gas emissions, and these externalities are, for the most part, not being internalised by these entities. However, the risks and opportunities for companies due to climate change in the Anthropocene have begun to materialise more clearly, and the magnitude, particularly of risks, to some companies have focused the attention of investors, and as a result, directors, on climate change. Company law, therefore, may provide a mechanism through the duty of due consideration in Section 172 of the UK Companies Act 2006, combined with the obligation to disclose material risks, for directors to pay more significant attention to climate change issues as they impact their companies.

Lisa Benjamin, Assistant Professor at The University of The Bahamas and PhD student at University of Leicester (England). For correspondence: <mailto:lisa.benjamin@ub.edu.bs>. DOI: 10.21552/cclr/2017/2/5

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