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The Guardian - AU
The Guardian - AU
Environment
Lisa Cox

Company directors could be held liable and fined over unforeseen nature-related impacts and risks

Martijn Wilder Pollination
A cow and its calf are seen in a paddock outside of Currie on King Island, Tasmania
The EU’s decision to ban imports of beef linked to land-clearing is an example of a nature-related risk for companies selling beef, who could lose access to a whole market. Photograph: James Ross/AAP

Company directors who fail to foresee the impacts their companies have on nature, and the commercial risks those effects pose, can be held personally liable and fined, according to lawyers.

A new legal opinion advises that company directors need to identify anywhere their business is dependent on or has an impact on nature and consider the potential risks this poses to the company.

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