The New Rules of Corporate Responsibility: What’s Real, What’s Not

Can corporations lead to climates where governments fall short? This panel explores the evolving concept of corporate responsibility in environmental governance, climate change, and today’s political and economic realities. Professor Michael Vandenbergh explains why traditional government-led “environmental law” is no longer enough and introduces a broader framework of private environmental governance. Michael Benedict Yamoah adds an investor and boardroom perspective, examining fiduciary duty, climate-related financial disclosure, evolving climate science, and the trade-offs between long-term climate goals and short-term needs such as energy affordability and reliability.