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ARTICLE · 28 APRIL 2022

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The ESG Storm Rages On

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The "perfect storm" of environmental, social and corporate governance (ESG) activism we discussed in a previous blog rages on, impacting both public and private companies across multiple sectors.

CanadaCorporate/Commercial Law
Conor Chell
Conor Chell
Laura Roberts
Laura Roberts
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The “perfect storm” of environmental, social and corporate governance (ESG) activism we discussed in  a previous blog rages on, impacting both public and private companies across multiple sectors. Activism in the energy sector is escalating and a variety of stakeholders are demanding improved ESG performance across supply chains and from numerous industries.

Oil and Gas Sector Scrutiny Escalates

Many of the significant examples of shareholder ESG activism have involved global energy majors such as  Exxon and Shell. Activism in the energy sector reached a new peak with the  recent announcement of personal litigation against Shell's directors. Shareholder pressure and the looming prospect of mandatory climate disclosure is extending across the value chains of energy companies, with increased demands on suppliers and partners for credible and rigorous ESG data.

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