ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant's board over alleged climate risk mismanagement.
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James//File PhotoNovel climate lawsuit seeks to hold directors accountableLONDON, May 19 - ClientEarth, an environmental law charity turned activist Shell
The group said it would ask the High Court to reconsider the decision at an oral hearing about the case - the first notable investor lawsuitIf judges allow the action to proceed, it could encourage investors in other companies, including in those funding carbon emitters, to litigate against boards that fail to adequately manage climate-related risks, lawyers have said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Shell to use new AI technology in deep sea oil explorationShell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.
Leer más »
Florida Driver Stops To Help Turtle, Causes Pile-Up And Shell Shock | CarscoopsDashcam footage from a semi-truck shows carnage caused by a nature-lover stopping in the middle of a busy highway car auto cars
Leer más »
Katie Couric On Ex-NBCU CEO Jeff Shell Misconduct: “Stupid And Reckless”Katie Couric has spent a good deal of her career getting to know those who walk the power corridors of the media business. On Wednesday, she put that knowledge to use, sharing her views on the acti…
Leer más »
Shell company stock hijacker Mark Miller sentenced to year in prisonMark Miller, a Minnesota home contractor, is the last of three men to be sentenced for securities fraud involving dormant shell companies and penny stocks.
Leer más »