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Browse: Home / 2022 / June / 21 / Can ESG-Motivated Company Actions Lead to Corporate and Securities Litigation? | The D&O Diary

Can ESG-Motivated Company Actions Lead to Corporate and Securities Litigation? | The D&O Diary

By Securities Docket on June 21, 2022, 8:58 am

ESG is a hot topic. There is a general perception in certain circles – including the D&O insurance community — that ESG awareness and activism are essential  attributes of good corporate citizenship. There is even a perception in certain parts of the D&O insurance community that strong ESG credentials makes individual companies better D&O risks. However, as the securities class action lawsuit recently filed against U.K consumer products company Unilever shows, activism on ESG issues can, in fact, lead to D&O claims. The complaint in the Unilever action, which makes for interesting reading and arguably has important implications, can be found here.

Source: Can ESG-Motivated Company Actions Lead to Corporate and Securities Litigation? | The D&O Diary

Posted in Class Actions, Top | Tagged ESG

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