Regulators in Australia and around the world are treating climate change as a major systemic financial risk.

Given the high levels of regulator scrutiny, investor activity and public interest, it is only a matter of time before significant claims (potentially including securities class actions) are brought against directors and officers who fail to properly consider and, act on, climate risks.

In this update, W+K’s Charu Stevenson, Cain Jackson and Jessica Chapman look at the issues climate change risks raise for directors and officers, financial institutions and insurers.

To read the full article, click on the download below.