May 23

Analysis: Activist Investors and NGOs Leaving Regulators in Their Wake in the U.K.

On May 12, ClientEarth, the environmental law charity, saw its claim against the directors of Shell plc dismissed by the UK High Court. The claim has been touted as a “world-first lawsuit”: a derivative action against directors of a listed company for failing to manage climate-change risks that was backed by institutional investors.

Photo courtesy of Keming Tan.

Source: International Banker (link opens in a new window)

Environment, Investing
climate change, corporations, ESG, NGOs