This session will explore the evolving legal and fiduciary duties of directors in the context of climate change and nature-related risk. It should examine how existing directors’ duties — particularly those relating to care, diligence, and acting in good faith in the best interests of the company — extend to foreseeable environmental risks, including climate impacts, biodiversity loss, and ecosystem degradation. The presentation should address emerging expectations around disclosure, risk oversight, and long-term value creation, as well as how climate and nature intersect with financial materiality, stakeholder expectations, and regulatory developments. Key areas to cover include the scope of liability for inaction or greenwashing, the board’s role in risk oversight and due diligence, and how directors can demonstrate informed, proactive engagement with environmental governance within their duties.