The growing risk of ESG class actions (and what to do about it) - Episode 2
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Ashurst’s Tim West, Tom Cummins and Martin Eimer discuss how companies can mitigate the risk of environmental, social and governance (ESG) class actions.
As the scope, disclosure, and scrutiny of corporate ESG outputs continues to grow, the risk of class actions is growing too. In this episode, legal experts from the UK and Germany explore how ESG claims can give rise to class actions – and what corporates can do about it.
Together, the guests explore some of the different kinds of ESG disputes that companies might encounter and what typically motivates or triggers class actions. They also explore how ESG class actions can come from many sources, such as investors, customers, or those affected by supply chain activities.
Tom Cummins and Martin Eimer compare notes on the UK and German experiences of ESG class actions and highlight the trends to watch for boards and risk committees. They also suggest practical steps that companies can take to mitigate ESG litigation risks.
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The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
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