August 2023
Intermediate to advanced
818 pages
28h 27m
English
Content preview from International Corporate Governance, 3rd Edition
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10 Corporate sustainability
New realities of directors’ duties
This chapter concerns the widening scope of company directors’ duties under the increasing impact of the climate emergency and the insistent pressures for corporate social and environmental responsibility. Narrow interpretations of directors’ duties that focus simply on the commercial success of the business and relegate other considerations to externalities are not tenable in the present context. The dawning realization of the global consequences of imminent climate change provides a series of inescapable challenges for business enterprises. Responding to these climate challenges involves the exploration and development of new paradigms of corporate ...
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