Updated and Extended: Directors’ Duties Navigator Climate Risk and Sustainability Disclosures in Europe and the Americas

A practical resource to help board directors understand their climate and nature-related legal duties and disclosure obligations across jurisdictions

Climate and nature-related risks are intensifying and have the potential to disrupt the stability of the global financial system. In response, regulators are rapidly expanding or refining sustainability disclosure requirements. For board directors – who are responsible for safeguarding the long-term viability of their business – embedding these material risks into corporate strategy and decision-making is essential to unlocking new opportunities and maintaining a competitive edge.

The Directors’ duties navigator: Climate risks and sustainability disclosures (Navigator) is an authoritative, user-friendly resource developed by CCLI in partnership with the Chapter Zero Alliance. Designed for directors and their professional advisors, it provides guidance across 34 jurisdictions, helping boards make informed decisions on climate and nature governance and risk management, in line with their legal duties.

The fifth edition (2026) of the Navigator features updated in-depth analysis of 20 jurisdictions across Europe, North America, and Latin America.

This update provides comprehensive guidance on:

• Government and regulatory approaches to climate change.
• Directors’ duties relating to climate change, including requirements to incorporate climate-related risk into corporate strategy, governance, and management.
• Sustainability disclosure requirements related to climate risks, and directors’ corresponding duties.
• Liability risks for companies and directors arising from a breach of their duties, as well as other litigation risks.
• Dedicated nature boxes addressing each of the topics above.
• Practical tips for directors, including “key takeaways” and commercial insights from leading lawyers and directors.

Explore the 5^th edition of the Directors’ Duties Navigator