In “Climate-Related Securities Suits May Increase With New SEC Standard,” Skadden provides insights, based on existing case law, into how climate-related litigation (which the firm anticipates may increase coincident with forthcoming SEC climate change disclosure mandates) may play out in the courts, and suggests three action steps for companies to mitigate the risks.See these relevant collaborative Society publications: “Enhancing Disclosure Controls and Procedures Relating to Voluntary Environmental and Social Disclosures” (Skadden/Society) and “ESG Legal Update: What Corporate Governance & ESG Professionals Need to Know” (Society/Gibson Dunn & Crutcher).
See also “Activists Increasing Scrutiny of Net-Zero Climate Pledges and Alleged ‘Greenwashing’” (Winston & Strawn) and “ESG Activists Seen Targeting Firms on Net-Zero Emissions Claims” (Bloomberg Law), and additional resources on our Climate Risk & Disclosure page. This post first appeared in the weekly Society Alert!