- Misleading investors on climate change related-risks poses legal risks
- What is the background to this legal action being taken?
- What did the judge rule?
- What are the implications of this judgment with regard to investors’ rights to have information relating to the impact of climate change on business?
- What implications could follow for UK businesses?
Environment analysis: In a world first, a decision by a Texan judge has confirmed that misleading investors on climate change-related risks poses serious legal risks to companies and their directors. Sophie Marjanac, lawyer at ClientEarth, considers the implications of the ExxonMobil decision and investors’ rights to have information relating to the impact of climate change on business.
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