<p>On Monday 21 June, a group of lawyers and corporate stakeholders from the UK, Australia, and New Zealand came together to kick off <a data-sf-ec-immutable="" href="https://chancerylaneproject.org/">The Chancery Lane Project</a>’s (TCLP) latest event series on Corporate Governance. </p><p><strong>Why corporate governance?</strong></p><p>Corporate Governance refers to the system by which companies are directed and controlled—typically through a board of directors tasked with formulating corporate strategies and managing risks. </p><p>While there is increasingly an expectation that boards will take a strategic approach to climate-related risks, including reputational risks associated with unsustainable practices, corporate documents still largely prioritise profit-maximisation without considering environmental impacts. </p><p>TCLP, an initiative which brings together lawyers and industry stakeholders to draft and peer review climate conscious model contract clauses and laws, hopes to change this. </p><p><strong><span style="text-decoration:underline;"></span></strong></p><p><strong>What took place during Monday’s event?</strong></p><p><strong></strong>In traditional TCLP fashion, t</p>
Source: LexisNexis Purpose Built
The Chancery Lane Project—Greening Corporate Governance
