THE Commonwealth Climate and Law Initiative (CCLI), together with ClientEarth and the Institute of Corporate Directors, recently published a legal opinion providing valuable insights into the obligations of directors of for-profit corporations regarding climate change-related risks under Philippine law.

The legal opinion, entitled "Directors' Duties & Responsibilities and Disclosure Obligations Under Philippine Law On Climate Change Risks," is authored by Cesar Villanueva, senior founding partner at Villanueva Gabionza & Dy; Lily Gruba, senior partner at Zambrano Gruba Caganda & Advincula; Angelo Patrick Advincula, senior partner at Zambrano Gruba Caganda & Advincula; and Joyce Anne Wong.

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