Businesses Falling Short on ESG Claims Face Class Action Risk
As the ESG agenda evolves, group action is likely to become a popular route to litigation, and companies must act now.
March 17, 2022 at 06:40 AM
4 minute read
LitigationInvestors, consumers, and employees are increasingly looking beyond bottom-lines and assessing what businesses are doing to address climate change, tackle human rights abuse and improve diversity. These are only a few of a myriad of environmental, social and governance (ESG) concerns that are causing a surge in scrutiny over companies' statements and actions in recent years. Rapid geopolitical developments are also driving greater accountability and compliance requirements for corporations.
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