Climate Risk and the Law Breakfast Seminar
ClientEarth, together with IIGCC, PRI, CDP, Influence Map and Bentham Europe, invite you to a breakfast seminar to explore the liability risks that climate change poses to companies, and what the law can do to help you to avoid risks and recover losses.
Recent high profile corporate scandals involving VW, as well as the collapse of the US coal sector, demonstrate that there are serious risks associated with the shift to a lower carbon economy. In both these cases, significant shareholder value was destroyed by either fraudulent or imprudent managerial practices. In the coming transition, additional regulatory pressure together with rapid technological change is guaranteed to create both winners and losers.
This event will consider both how investors can seek to avoid backing losers, and how they can recover losses which may occur. In light of the recent release of the recommendations report of the FSB’s task force on climate-related financial disclosures, the event will provide a forum to discuss how investors can confidently act on the additional information expected to become available, avoid systemic risk, and be confident active stewards of the companies they own.
The panellists will discuss the following:
- An overview of liability risks associated with climate change
- How to engage effectively with higher risk companies, including strategies for escalation
- Legal remedies to recover losses, in the UK, US and Europe
- Dylan Tanner, Executive Director & Co-Founder, InfluenceMap
Dylan will discuss the findings of his recent research into climate risk in carbon intensive sectors (oil and gas, chemicals, cement, auto) and the implications for investors
- Alice Garton, Senior Lawyer, Company and Financial Project Lead, ClientEarth
Alice will provide an overview of liability risks associated with climate change and explore legal strategies available to protect investments and engage effectively.
- Jeremy Marshall, Chief Investment Officer, Bentham Europe
Jeremy will discuss the shareholder actions Bentham Europe is currently supporting, including against VW and Tesco, and lessons from these actions relevant to climate related liability cases and recovery of losses.
- Natasha Landell-Mills, Head of Stewardship, Sarasin & Partners
Natasha will provide the investor perspective in relation to the above and discuss the crucial role that regulators and policy makers have in protecting the value of investment portfolios and minimising climate liability risks.
|This event is organised by ClientEarth in partnership with IIGCC, PRI, CDP, Influence Map and Bentham Europe.|
This event and PRI workstream links to the UN's Sustainable Development Goals Number 13: Climate Action