Last week the heir to the British throne gave a video address to a global gathering of general counsel and chief legal officers. He emphasised their vital role in ensuring that companies measure and report on the climate risks they face. And he drew attention to climate change litigation as an "increasingly common form of activism", and a greater prevalence of legal cases "seeking to hold businesses and countries to account".
We are seeing the same trend, and GCs will have an increasingly important role to play in helping their companies manage these risks and comply with new climate laws and regulations.
Indeed, you can get a good idea of the array of risks and liabilities organisations need to consider in relation to climate change by reading our report here.
Noting the rise in climate change litigation and investor activism, His Royal Highness told the audience that general counsel play an important part in managing the risks associated with climate change and helping companies demonstrate that they are seriously working towards mitigating climate impact.