UDTR — Radar mondial des droits de la Nature

How do climate-related implications of obligations under the Companies Act 2006, particularly section 393, relate to the duties and powers of investment intermediaries?

Identification

Clé publique

radar:r-3610cf91b898c6233feae2f294713f0e

Auteurs

Kaden Pradhan · Nick Scott

Année déclarée

2025

Langue déclarée

en

Type source

preprint

Première détection

2026-11-13T12:39:39.128786+00:00

Dernière observation des métadonnées

2026-11-13T12:39:39.128786+00:00

Dernière vérification HTTP

Non effectuée

Institutions déclarées par la source

University of Cambridge

Pays d’affiliation déclarés

GB

Résumé documentaire — langue originale

Climate change creates business risks that can intersect with the duties that directors owe their companies, including the duty under section 393 of the Companies Act 2006 to approve accounts only if they provide a 'true and fair view' of the company’s financial position. Climate-related financial risk also affects investors and may therefore be relevant to the fiduciary duties that investment intermediaries owe to their clients or beneficiaries. The intersection between climate change, directors’ accounting-related duties, and investors’ fiduciary duties has practical implications for engagement between corporate boards, who approve accounts, and institutional investors, who are primary users of accounts. We begin this paper by describing how directors’ duties under the Companies Act 2006 can create climate-related obligations, and then outline investment intermediaries’ duties and powers. Next, we analyse whether investment intermediaries’ duties influence the way in which they can engage with companies on integrating sustainability into portfolio companies’ accounts. We argue that intermediaries’ duties do not require that they engage with companies to integrate climate-related matters into their accounts, but that they are permitted to do so. We conclude by suggesting practical implications for investment intermediaries seeking to ensure that portfolio companies integrate climate-related matters into their accounts.

Identifiants

OPENALEX

https://openalex.org/W7108225336

DOI

10.33774/coe-2025-02sj0

Repères documentaires

Famille documentaire

unknown

Types déclarés par les sources

preprint

Les mentions d’entités ne constituent pas une preuve de reconnaissance juridique. La juridiction étudiée est distincte du pays d’affiliation des auteurs.

Sources

OpenAlex · Document 1

• Document · https://doi.org/10.33774/coe-2025-02sj0

Statut documentaire

Pertinence à examiner

Bibliothèque

Cette identité n’est pas encore intégrée à la Bibliothèque juridique.