ESG Litigation – A Follow-Up From a European Perspective

International climate litigation is expanding rapidly in both scale and legal impact. At the international level, governments’ obligations to protect the climate are receiving growing attention. Achieving global targets, such as limiting global warming to 1.5°C under the Paris Agreement, also will require the adoption of regulatory measures governing the private sector. However, legislative initiatives in this area remain limited. At the same time, national courts, especially in Europe, are beginning to hold companies financially accountable for climate change. Judicial precedents are gradually strengthening the legal basis for (transnational) liability arising from greenhouse gas emissions. As a result, companies now face expanding legal exposure, with unpredictable risks emerging that are difficult to navigate, even for those that have met...To read the full article, please see the PDF file

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