Commonwealth Climate and LAW Initiative

THE COMPANY'S OBJECTS ARE SPECIFICALLY RESTRICTED TO ADVANCING THE PROTECTION, PRESERVATION AND CONSERVATION OF THE PHYSICAL AND NATURAL ENVIRONMENT FOR THE PUBLIC BENEFIT, IN PARTICULAR BUT NOT EXCLUSIVELY BY:(1) RESEARCHING STRATEGIES AND MECHANISMS THAT MAY ASSIST TO FACILITATE A RAPID, ORDERLY AND EFFICIENT RE-ALLOCATION OF CAPITAL TO BUSINESS AND INVESTMENT ACTIVITIES THAT PROMOTE SUSTAINABLE DEVELOPMENT AND THE TRANSITION TO A GLOBAL LOW CARBON ECONOMY TO ADDRESS THE THREAT OF CATASTROPHIC CLIMATE CHANGE, AND PUBLISHING THE USEFUL RESULTS OF THAT RESEARCH;(2) RESEARCHING THE MATERIAL RISKS OF FUTURE LEGAL LIABILITIES FOR COMPANY DIRECTORS AND PENSION FUND TRUSTEES, AND PUBLISHING THE USEFUL RESULTS OF THAT RESEARCH, IN ORDER TO MOTIVATE A BEHAVIOURAL SHIFT TO TAKING ACCOUNT OF PHYSICAL CLIMATE CHANGE RISK AND SOCIETAL RESPONSES TO CLIMATE CHANGE IN CORPORATE AND INVESTMENT DECISION-MAKING;(3) PROMOTING THE INTEGRATION OF THE FINANCIAL RISKS AND OPPORTUNITIES OF CLIMATE CHANGE ACROSS ALL FACETS OF CORPORATE GOVERNANCE AND INVESTMENT PRACTICE; AND(4) EDUCATING THE PUBLIC IN ALL MATTERS RELATING TO THE LAW, PRACTICE AND ADMINISTRATION OF JUSTICE IN CONNECTION WITH CLIMATE CHANGE, SUSTAINABLE DEVELOPMENT AND THE CONSERVATION AND PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF NATURAL RESOURCES.