Environmental, social, and governance, or ESG, is a set of
criteria used to assess a company's impact on society and the
environment, as well as its corporate governance practices.
Increased regulatory requirements, growing investor demands, and
the global climate crises have led to the rising need for companies
to manage and report ESG performance.
Such growing rules and regulations, alongside existing
legislation, have increased ESG-related litigation risk for
companies. The potential financial and reputational damage from ESG
litigation is significant, making it a rising concern for
businesses globally.
What is ESG litigation?
Litigation and regulatory enforcement actions and threats
related to environmental, social, and governance (ESG) company
policies, practices, and disclosures have been in the spotlight
recently.
