Safeguarding Biodiversity

Safeguarding Biodiversity: Unveiling Corporate Governance’s Silent Challenge

24 February 2025 (Monday), 12:30-1:30 PM
Room 824, 8/F Cheng Yu Tung Tower, The University of Hong Kong

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The need to address the adverse impacts of climate change has been extensively researched in ESG corporate literature. However, within the environmental domain, the detrimental externalities of corporate strategies on biodiversity have been largely overlooked in corporate literature. This gap in research reflects a broader lack of attention to the crucial issue of biodiversity conservation, which should be deemed as urgent as addressing climate change. The reason being that harm to biodiversity is akin to hindering production in various sectors, such as the pharmaceutical industry, just as damage to technological innovation hampers the development of new technologies. This paper argues that corporate incentives to safeguard biodiversity vary across different industries. For example, corporations operating in certain sectors, like the pharmaceutical industry, may have a direct interest in biodiversity preservation. In such cases, directors could be key stakeholders more inclined to directly engage in actions to protect biodiversity. However, for industries where economic interests are less directly linked to biodiversity preservation, strategies for protection should be advocated by other constituencies.

About the Speaker:
Marco Corradi is an Assistant Professor at ESSEC Business School in Paris and Singapore. He holds an MJur, an MPhil in Law, and a DPhil (PhD) in European and Comparative Corporate Law from the University of Oxford. Marco has extensive experience in policy research and consultancy across Europe and Asia, focusing on corporate law, trade and competition. He is qualified as an attorney, mediator, and international commercial arbitrator. He has published articles in English, French, and Italian, and books with Hart (Oxford) and Cambridge University Press.

Chair: Professor Julian Nowag, Associate Professor, Faculty of Law, HKU

Registration is required for this in-person event. Please register ONLINE to reserve your place.
Enquiries: Flora Leung at aiiflhku@hku.hk