10 janvier 2022
Disputes Quick Read – 94 de 98 Publications
In 2020 we wrote about climate change activism by litigation. There have been a number of developments relating to net zero since then, including COP26. So, what's the latest on climate change litigation?
In October 2021 the UK government announced that it will introduce legal requirements for Britain’s largest companies and financial institutions to report on climate-related risks and opportunities.
The announcement came shortly after the publication of the UK's Net Zero Strategy, setting out policies and proposals for decarbonising all sectors of the UK economy to meet our 2050 net zero target. But what impact have these developments had on the UK litigation landscape?
Climate change litigation has already emerged globally, with a resurgence in Europe in the last two years in the wake of the 2019 Urgenda decision. While governments still appear to be the primary target, they're not the only ones feeling the heat.
Corporations and financial institutions are increasingly under scrutiny as attention shifts towards financial risks and corporate due diligence. Banks, pension funds, asset managers, insurers and major retailers are now moving into the firing line:
The courts in England and Wales have so far been slow to follow their European counterparts. The Supreme Court's decision to overturn the Court of Appeal's ruling that a third runway at Heathrow was illegal was viewed by many as a signal that our judges aren't willing to apply the same scrutiny to the government's climate policies as other jurisdictions yet.
Activists haven't lost hope though. Following the Heathrow runway case, a wave of climate change litigation has been launched in response to various government initiatives. Targets include a £27 billion road expansion scheme; proposals for a Cumbrian coal mine; and the expansion of North Sea oil and gas exploration by the Oil & Gas Authority (OGA).
Unlike our European neighbours, UK private entities appear – for now – to be relatively untouched. How long this will last considering precedents being set in other jurisdictions remains to be seen.
The regulatory landscape is also changing. The FCA will be regulating ESG-marketed financial products to prevent greenwashing. Asset managers will also be required to make climate-related disclosures for financial products, with the first reporting phase starting by 30 June 2023. As with other FCA rules, non-compliant institutions will risk fines or sanctions. The changing regulatory landscape will surely expose companies to a greater litigation risk as industry standards and best practices are regularised.
The more national laws and international agreements appearing that mandate a reduction in greenhouse gas emissions, the higher the chance of climate-related litigation being brought. The attitudes of customers are changing, and investors' awareness of climate-related issues is only increasing. Private businesses, not just governments, must be ready.
If you'd like to know more about what this might mean for you, reach out to a member of our Disputes & Investigation team.
14 November 2024
par Tim Strong, Kate Hamblin
14 November 2024
par Emma Allen
8 November 2024
par Edward Spencer
30 October 2024
par plusieurs auteurs
15 October 2024
par Emma Allen, Andrew Spencer
5 July 2024
par Stuart Broom, Tom Charnley
21 March 2024
par Emma Allen, Amy Cheng
1 February 2024
par Katie Chandler, Emma Allen
12 February 2024
par Tim Strong, Nicole Baldev
14 December 2023
13 December 2023
23 October 2023
par plusieurs auteurs
17 October 2023
14 August 2023
par plusieurs auteurs
4 August 2023
par plusieurs auteurs
21 July 2023
10 July 2023
1 June 2023
par plusieurs auteurs
3 May 2023
par James Bryden
20 April 2023
par James Bryden
8 March 2023
2 March 2023
par Katie Chandler, Emma Allen
14 February 2023
13 February 2023
8 February 2023
par Jessie Prynne
19 January 2023
par Georgina Jones
3 October 2022
par Gemma Broughall
22 September 2022
par Ben Jones, Emma Allen
9 August 2022
par Nick Maday
25 July 2022
par Edward Spencer
6 July 2022
par Emma Allen
Welcome news for those pursuing fraud claims in the English Courts
28 July 2022
21 July 2022
par Edward Spencer
27 July 2022
par Stuart Broom
29 July 2022
par Jess Thomas, Lucy Waddicor
17 June 2022
par Stephanie High
13 June 2022
par Edward Spencer
26 May 2022
31 May 2022
par plusieurs auteurs
4 April 2022
5 April 2022
par Stephanie High
31 March 2022
par plusieurs auteurs
21 September 2021
par plusieurs auteurs
13 September 2021
par Edward Spencer
6 September 2021
par Stephanie High
2 August 2021
21 July 2021
15 July 2021
par Jess Thomas
26 May 2021
par David de Ferrars
5 May 2021
par Stephen O'Grady
21 April 2021
par Stephanie High
31 March 2021
26 February 2021
par Tim Strong
24 February 2021
20 January 2021
par Stephanie High
12 January 2021
par Tim Strong
23 November 2020
16 October 2020
23 September 2020
7 October 2020
par Nick Storrs
26 May 2020
par Edward Spencer
18 May 2020
par Katie Chandler
9 April 2020
par plusieurs auteurs
15 April 2020
27 April 2020
par plusieurs auteurs
21 April 2020
par Stephanie High
11 March 2020
par James Bryden
17 March 2020
par Stuart Broom
26 February 2020
par Tim Strong, Andrew Howell
21 February 2020
par Andrew Howell
2 June 2020
par Georgina Jones
16 June 2020
par Georgina Jones
2 July 2020
par Tim Strong, Georgina Jones
9 July 2020
3 December 2021
24 November 2021
par Stuart Broom
8 October 2021
par Katie Chandler
10 January 2022
par Tim Strong, Jess Thomas
20 January 2022
8 March 2022
par Jess Thomas, Lucy Waddicor
22 March 2022
7 April 2022
par Emma Allen, Georgina Jones
par Tim Strong et Kate Hamblin
par Tim Strong et Kate Hamblin
par plusieurs auteurs