Directors' Duties And Accounting For Climate Change Risks

It is for the board of directors to decide whether to take into account climate change risks when exercising their decision-making duties, not for the court to require it, a ruling has confirmed. The award-winning corporate lawyers at ParrisWhittaker have years of experience advising companies and shareholders in Jamaica and the surrounding region.

Directors' duties

Directors owe several duties under companies law, ranging from the requirement to act in the best interests of shareholders to exercising due skill, care and diligence.

Directors' duties also include the duty to promote the success of the company. Where a director breaches their statutory duties, they could risk a legal claim.