Browsing: <a href="/tag/climate-litigation">Climate litigation</a> <i class="grey">•</i> <a href="/tag/corporate-strategies">Corporate strategies</a>

The Australian Institute of Company Directors says board members will need additional legal protections to comply with new global climate and sustainability reporting standards.

With the help of top barrister Noel Hutley SC, an activist shareholder group has launched legal proceedings against Santos over claims in its annual report to have a credible pathway to net-zero.

Insurer QBE has completed a detailed analysis of climate change litigation, and has put the oil and gas industry on notice that it won't insure them if they aren't Paris-aligned.

In an Australian first, a new project has been approved with a requirement that it be net-zero by 2040.

ExxonMobil has won a significant victory in a US climate change test case, but Minter Ellison's Sarah Barker has warned that Australian companies should not assume the decision lessens the risk of similar litigation.

Two mining companies that argue they shouldn't have to offset greenhouse gas emissions could be ordered to only export coal from their mine to Paris Agreement signatories.

• Court rejects climate change challenge to Peabody mine
  
• NEG paper contains deal-breaker flaw: Environment Victoria
  
• Orora signs 10-year wind farm power purchase agreement
  
• WA relishes ERF auction dominance

Directors are breaching their fiduciary duty if they only comply with climate change legislation and fail to adequately develop strategies to equip their companies for a carbon-constrained economy, according to MinterEllison lawyer and corporate governance expert Sarah Barker.