Leading liability lawyers explain climate obligations of enterprises and investors
Current and former Chief Justices and leading Professors of law from around the world have endorsed a set of principles that set obligations for enterprises and investors in the face of climate change. The PRI is pleased to provide this opportunity for signatories to learn about the principles and developments in liability law.
The Enterprises Principles are a follow-up project to the Oslo Principles, launched at King’s College London in 2015. Whereas the Oslo Principles chiefly formulated the obligations of States in the face of climate change, the Enterprises Principles focus on enterprises and investors. Both projects aim to further the discussion on what specific entities must concretely do in the face of climate change from a legal perspective.
Comprised of experts in international, environmental, tort, human rights and company law, the Expert Group on Climate Obligations of Enterprises has worked over several years to formulate the Principles based on its interpretation of the law as it stands or will likely develop. In doing so, it hopes to spur a concrete debate on the responsibilities of individual entities and therewith contribute to addressing the threat climate change poses to life, the environment and the economy.
Hear from the following experts about the legal obligations of enterprises and investors:
- Prof. Dr. Jaap Spier, Professor of Law and Global Challenges at the University of Amsterdam’s (UvA) Faculty of Law
- Justice Brian Preston, Chief Judge of the Land and Environment Court of New South Wales
- Philip Sutherland, Stellenbosch University Faculty of Law
- David Pitt-Watson, Former Chair UN Environment Programme Finance Initiative.