LAUSR

Sustainable development has attained the character of a global objective, ideology and imperative enshrined in the Global Compact and other, usually voluntary arrangements to promote corporate sustainability. This has given greater cogency and topicality to the debate about the objective and responsibilities of companies and duties of company directors. This article is a comparative survey of companies' laws, sustainability laws and norms from various jurisdictions and by using Nigerian law as a benchmark seeks to elaborate a conceptual framing of a fiduciary duty on directors to promote corporate sustainability. An explicit new duty to 'promote corporate sustainability and the success of the company' and some vital considerations and devices for evolving Green companies and sustainable capitalism are examined.