The trend for bringing lawsuits related to climate is growing, and directors need to stay on top of developments to avoid the courts.
More legal cases are being pursued against corporates making unsubstantiated green claims or failing on climate action, research finds.
UN expert Ian Fry says court cases are needed to legally hold ‘to account’ those who cause damage to the environment.
To achieve sustainability, companies and boards will need to look not only to their operations, but also to their finances.
‘Do your homework’ and get ready for a rise in climate-related lawsuits, warn legal experts at this year’s Davos conference.