Accountability: Loss & damage, litigation, shareholder activism
Climate change impacts can cause severe loss and damage to people and the environment. Loss and damage has been defined as the adverse effects of climate change that go beyond people’s capacity to cope and adapt. These impacts range from extreme events such as weather-related natural hazards, to slow-onset events, including sea-level rise, rising temperatures, and land and forest degradation.
Efforts to hold companies and governments accountable for these impacts include public petitions and calls for action, shareholder resolutions, and lawsuits.
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Author: Geoff Dembicki, on Vice (Canada)
"What Happens if Oil Companies Are Forced to Pay for Climate Damage", 2 Oct 2017...
- Related in-depth areas: Accountability: Loss & damage, litigation, shareholder activism Latest Legal News
Author: Michael Slezak, The Guardian (Australia)
"BHP agrees to rethink its links to Minerals Council of Australia", 19 September 2017...
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- Related companies: AGL BHP Billiton
USA: Cities of San Francisco & Oakland sue 5 oil companies over their alleged contribution to current & future impacts of sea level rise in California linked to climate change
Union of Concerned Scientists-led study quantifies impacts of emissions of major fossil fuel producers on global temperature & sea level rise
A Union of Concerned Scientists-led study released in September 2017 analyzes and quantifies the climate change impacts of carbon dioxide and methane emissions traced to specific fossil fuel companies. Based on an analysis of two time periods (1880 -...
Author: Saleemul Huq, Thomson Reuters Foundation
The quick succession of hurricanes Harvey, Irma and Jose hitting the Caribbean islands, Texas and Florida as well as one-in-100-year floods in South Asia hitting first Nepal, then India and now Bangladesh now has brought into clear focus the issue of...
- Related in-depth areas: Accountability: Loss & damage, litigation, shareholder activism Responsible public policy
USA: Shareholders vote to make ExxonMobil more transparent about the impacts of climate change on its business
A 62 percent majority of ExxonMobil investors voted to increase transparency about climate change risks at the annual meeting of the world's largest oil company. The adopted resolution (which only gained 38 percent of shareholder support last year)...
A new shareholder resolution requires Occidental Petroleum to report on environmental risks and opportunities associated with climate change. The resolution was proposed by California Public Employees' Retirement System and other investors, including...
Chevron warns it could face climate change lawsuits & regulations could render future oil drilling "economically infeasible"
Author: Ian Johnston, Independent (UK)
3 Mar 2017...
- Related in-depth areas: Accountability: Loss & damage, litigation, shareholder activism Latest Legal News Mitigation
- Related companies: Chevron
Pakistan: Villagers protest govt. plans to mine untapped coal reserves citing pollution & access to ancestral lands
Author: Rina Saeed Khan, Thomson Reuters Foundation
"Pakistan races to tap virgin coal fields to meet energy crunch", 27 Feb 2017...
- Related in-depth areas: Accountability: Loss & damage, litigation, shareholder activism Mitigation
Philippines: Commission on Human Rights announces public hearings of fossil fuels firms over climate & human rights impacts