Litigation & class actions

Some market observers worry 'this may not be final word', while others note 'positive' outcome.

The decision marks Aussie financial watchdog ASIC’s second successful greenwashing court outcome.

The latest developments in sustainable finance: US state treasurers call for vote against Exxon directors; investors push for global adoption of ISSB by 2025.

Influential proxy adviser recommends vote against former State Street CEO Hooley over Exxon’s ‘unusual and aggressive tactics’.

The latest developments in sustainable finance: Investors back ShareAction's push on Barclays over fracking; SLB issuance aligned with CBI standards jumped in 2023.

Judge finds 'substantial likelihood' that arguments on breach of fiduciary duty and vagueness of law may be successful.

US faith investor targets chief executive and lead director in SEC filing following US oil major’s ‘hostile treatment’ of shareholders.

The latest developments in sustainable finance: BlackRock accused by Mississippi secretary of state of making 'fraudulent' statements about ESG and non-ESG funds; Brazil Central Bank considers adopting ISSB standards.

Fund urges other managers to stay the course, warns firms not to follow Exxon lawsuit example.

Much remains uncertain as the multiple cases against the SEC climate rule wind their way through the justice system.