Highlights
[Article] Finding a Core of Sustainability in Directors' and Officers' Fiduciary Duties by Mark Ortega
Directors and officers have a fiduciary duty to act in the best interests of a corporation and its shareholders. Yet corporations may be employing unsustainable, short-term business models that fail to properly account for financial and systemic risks that could harm the corporation in the long term. This paper asks whether there is, embedded within directors' fiduciary duties, a greater duty to consider "sustainability". Specifically, this duty would require directors and officers to return corporations to the established shareholder wealth maximization ("SWM") norm of creating long-term shareholder value under Delaware law.
[Article] A shell for directors? Issues facing climate-oriented derivative action claims by Joe Negrine
Former visiting researcher at APCEL, Joe Negrine, has published in the Australian Journal of Corporate Law. This article, A shell for directors? Issues facing climate-oriented derivative action claims (2024) 39 Aust Jnl of Corp Law 286, was conceptualised during Joe’s exchange semester at NUS Faculty of Law and finalised during his time at APCEL. Congratulations, Joe!
APCEL Webinar Series: Energy, Climate and Environmental Issues In Indonesia – Indonesia’s Dilemma Toward Net Zero
On 26 March 2024, APCEL held a webinar on Indonesia’s Dilemma Toward Net Zero, discussing coal dependency issues in Indonesia. This webinar is the first of a three-webinar series on energy, climate and environmental issues in Indonesia.
Distinguished Visitor Lecture: Climate Change before the International Tribunal for the Law of the Sea (ITLOS) and the International Court of Justice (ICJ)
On 20 February 2024, APCEL hosted a lecture by Professor Ellen Hey, who is Professor of Public International Law at the Erasmus School of Law of Erasmus University Rotterdam. Professor Hey is Visiting Professor at NUS Law in February 2024, and is teaching a course on “Sustainable Development and International Law”.
