Australian climate change lawsuit a ‘shot across the bow’ of directors and trustees worldwide
Publish Date: 12/6/2020
News Source: IR Magazine
‘There is a proliferation of cases – with McVeigh vs Rest in Australia being just one – of investors using litigation to hold corporates and financial institutions, including pension funds, to account for how they manage climate risk,’ says Holly Stebbing, a London-based partner at law firm Norton Rose Fulbright.
