WebFeb 15, 2024 · ClientEarth’s claim. Under UK company law, a company’s board of directors has a legal obligation to promote the company’s success and act with reasonable care, skill, and diligence. In the derivative suit, ClientEarth asserts that the Board needs to fulfill these requirements by properly managing climate risks. In addition, ClientEarth ... WebMay 22, 2024 · ClientEarth warns BP and Glencore over fossil fuel claims. BP and Glencore have been warned about the risk of investor law suits following statements from the companies on future fossil fuel demand that is at odds with expert analysis, Client Earth has said. In official reporting documents the two companies have published scenarios for …
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WebSep 8, 2024 · “Despite Glencore publicly claiming to have Paris-aligned decarbonisation plans in place, the legal review of Glencore’s activities reveals that the company is using … WebThis week, we have referred Just Eat and Carnival to the FCA for investigation for failures to properly report on climate change, and called on the Financial… chromosome activation
Glencore faces Australian challenge over net-zero strategy
WebSep 8, 2024 · LONDON, Sept 8 (Reuters) - Environmental lawyers ClientEarth said on Thursday they were supporting a complaint filed in Australia against Glencore GLEN.L … WebApr 8, 2024 · ClientEarth has proposed to bring derivative litigation in the name of Royal Dutch Shell (‘Shell’) against its directors. The claim is novel as it seeks to put climate change at the centre of directors’ minds in formulating corporate strategies by alleging they have breached their duties to the company having ‘failed to properly prepare the company for … WebJun 15, 2024 · In May this year, commodity giants BP and Glencore, as well as their investors, received an open letter from the British environmental organization ClientEarth that questioned the predictions of the two companies about the future demand for oil and coal 1.The basis for which is the ExxonMobil Group, 2 3 against whom the New York … chromosome 6 traits