The increased focus on sustainability policies and climate also drives climate claims and, more broadly, green claims against states and companies.
«I expect an increase in the number of complaints related to companies’ sustainability performance and the one related to sustainability reports» Gian Paolo Coppola said to Il Sole 24 Ore. In Italy, «liability actions brough by minority shareholders that do not agree with directors or majority shareholders’ decisions could come to light», Coppola added. «These disputes are of very high reputational risk» Marco Imperiale, innovation officer at LCA, observed. So much that, «it is likely that a big chunk of disputes will be redirected towards alternative dispute resolution tools» he added.
Read the full article by Valentina Maglione, published on March 15, 2021 on “Il Sole 24 Ore”.
Translation by LCA Studio Legale