Boards have been warned to consider the toll on the natural environment from the way they do business as part of directors’ duties under the Corporations Act.
In a groundbreaking legal opinion to be released on Thursday, two lawyers found directors should, at a minimum, be identifying nature-related dependencies and considering potential risks these pose.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
