Company Reporting archive

  • image inside cave by the ocean

    Shell pension fund member warns of legal action

    A member of Shell’s pension fund is ready to take it to the Pensions Ombudsman for maladministration – unless it can prove it is managing its climate-related risk. ClientEarth is supporting him. 

  • lakeside autumn trees Poland

    Major energy firms exposed to shareholder action over coal power plant Ostrołęka C

    Environmental lawyers ClientEarth have put the directors of Energa and Enea on notice of the increasing risk of legal action if they proceed with the project.

  • Image shows boats on a river

    Major investors back climate risk briefing

    Major investors have set out support for a new investor briefing detailing what could be gained from recognition of climate risk by global securities regulatory association IOSCO.

  • EasyJet among companies reported to regulator by ClientEarth

    ClientEarth has reported four UK companies, including EasyJet to the financial regulator, also writing to their auditors.

  • junction two avenues meet paris

    Pressure mounts on global securities body to set the bar on climate disclosure

    Investors and finance experts have put further pressure on IOSCO to prompt a global gear shift on climate risk reporting.

  • Image shows a footbridge into a forest

    Insurance firms could face fines over climate reporting failure

    Three insurance firms could be facing fines after ClientEarth reported them to the Financial Conduct Authority for failure to disclose climate risks in their annual reports.

  • image of man climbing on ice

    UK Regulator’s new code a ‘missed opportunity’ to address climate risk

    The Financial Reporting Council’s (FRC) updated UK Corporate Governance Code, released today, fails to sufficiently address climate risk.

  • soft sunset over pink-lit peaks

    Peak oil in 2036 presents “clear legal risks” for overoptimistic oil executives

    New analysis suggests the outlooks oil companies are giving their investors are far too rosy.

  • side of cheesegrater with reflected gherkin

    MPs and lawyers call on government: time to crack down on corporate climate inertia

    UK financial regulators are under pressure to issue much-needed guidance on climate risk reporting.

  • turquoise coastline housing

    Top insurers all at sea on climate risk

    As climate change-related events increase the rate and scale of insurance payouts, how much longer can the industry prop up projects clearly connected to global temperature rise?

  • mountain sunset

    BP under AGM spotlight over climate risk assumptions

    The chair of BP’s audit committee was quizzed today over the company’s climate risk assumptions at its AGM.

  • desert road in Australia standing rocks

    Wake-up call for coal majors as record number of shareholders protest corporate climate lobbying

    Investors in Rio Tinto have made it clear that they will not stand by and watch while the company funds lobby groups that block climate policy.

  • oil platform silhouettes orange lilac sunset

    Global oil giants to lose value within five years – UK asset managers

    UK asset managers surveyed for Ownership Day believe oil companies will suffer as energy markets go clean.

  • cape town beach

    Commonwealth company directors must take action on climate risk: new legal reports

    As Commonwealth leaders assemble in London, under distinct pressure to act on climate, lawyers point to existing law that commits directors to manage climate risk.

  • racecourse stands sunset road

    Rio Tinto investors urged to stand up to miner over destructive climate lobbying

    Shareholders are set to protest the corporation’s membership to trade associations notorious for undermining international climate efforts.

  • Polish street at night colourful buildings

    Insurers may face legal questions if they keep propping up coal

    The argument for underwriting coal is on ever shakier ground, but many European companies are still fuelling the fire.

  • Image shows a rain storm over a wheat field

    Climate risk: ClientEarth lawyer urges two-year deadline

    Industry and regulators should be given until 2020 to boost climate risk disclosure, or face government intervention, a senior ClientEarth lawyer told the Commons Environmental Audit Committee (EAC) today.

  • blue red sunset arctic ice floes

    Climate dominates economic leaders’ 2018 risk list

    Three out of the top five official risks to the global economy in 2018 stem from the changing climate. Financiers need a plan.

  • Finance experts’ recommendations on climate could prove “transformational” for Europe

    Better climate reporting, clarity on investor duties and stronger oversight could pave the way for a greener finance sector.

  • building prism greenhouse palm trees

    James Thornton hosts launch of corporate climate principles

    An international panel of judges and academics has come together to clarify the expectations of businesses in addressing climate change.

  • upwards view blue sky highrise building

    Spotlight on auditors over climate risk reporting

    Lawyers say auditors must now understand the implications of climate risk and consider how it affects their own work and advice. There are real and increasing legal risks if they don’t.

  • skyscrapers

    Company Reporting resources

    ClientEarth’s Company and Financial Project brings legal interventions designed to integrate climate-related financial risks into corporate and financial decision making.

  • palm tree silhouette lights

    Top insurers pull billions from coal – lawyers say there are “serious questions” for those still invested in it

    This week, insurance giant Zurich announced that it would both divest from and stop insuring coal-dependent businesses. ClientEarth lawyer Alice Garton questions why others are lagging behind.

  • scarlet cloud sunset over dark landscape

    Lawyer to faith investors: “never has your voice been needed more”

    Given the climate-intensified destruction present in so many continents today, faith leaders must question their investments in fossil fuels.