K W March 10, 2022 USALI East-West Studies, Volume 2, Number 3 The Role of Corporate Governance in Addressing Climate Change: The Case of India K W March 10, 2022 USALI East-West Studies, Volume 2, Number 3 No longer is climate change merely within the domain of voluntary conduct on the part of corporations. It is a material financial risk that corporations encounter, thereby imposing duties on the boards of directors to recognize and address it.