Company directors could be held liable and fined over unforeseen nature-related impacts and risks
Failure to identify commercial risks could constitute a breach of duty of care and diligence, according to new legal opinion
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Company directors who fail to foresee the impacts their companies have on nature, and the commercial risks those effects pose, can be held personally liable and fined, according to lawyers.
A new legal opinion advises that company directors need to identify anywhere their business is dependent on or has an impact on nature and consider the potential risks this poses to the company.
Law (Australia) | The Guardian
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