Companies are under increasing social, economic and regulatory pressure to contribute to the reduction of carbon emissions. In particular NGOs are trying to exert additional pressure by undertaking legal action. Such climate change litigation typically aims to force businesses to reduce emissions, pay for damages caused or take steps to mitigate the effects of climate change. The global number of climate change litigation cases is increasing rapidly as public awareness of climate change and its consequences increases, too.
Shell CEO Ben van Beurden has reflected on a turbulent 12 months for the company, which have seen court rulings, massive shareholder dividends and a permanent move to the UK.
Royal Dutch Shell Plc hired a team of pricey lawyers for its defense against environmental activists in a Dutch court, and lost. A decade-old, $22 book might have upped their chances of winning.
