Partner William Yonge spoke to IFLR about the impact of environmental, social, and governance (ESG) regulations—e.g., the European Union’s Sustainable Finance Disclosure Regulation—on litigation.
“We have seen regulators take a strict liability approach to the topic of providers making binding commitments to meet E and S characteristics claimed in their marketing collateral even though the unsatisfactory level of data available argues in favour of providers being able at least to qualify their aspirations with basic knowledge and belief qualifiers or caveats,” said William.
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