1. Climate – the law governing operations that
emit Greenhouse Gases (e.g. carbon trading) is addressed by
Environment and Climate Change international guides, in respect of
ESG: a. Is there any statutory duty to implement net zero business
strategies; b. Is the use of carbon offsets to meet net zero or
carbon neutral commitments regulated; c. Have there been any test
cases brought against companies for undeliverable net zero
strategies; d. Have there been any test cases brought against
companies for their proportionate contribution to global levels of
greenhouse gases (GHGs)?
The Danish Climate Act (in Danish
"Klimaloven") does not impose net zero
obligations directly on businesses operating in Denmark. However,
the government's commitments as a state trickle down to more
specific initiatives in various sectors and have resulted in
specific climate objectives for several industries such as real
estate, transportation, energy and agriculture. Notably, fossil
fuels
