Publication: Impacts of climate litigation on firm value
Impacts of climate litigation on firm value
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Sato, M., Gostlow, G., Higham, C., Setzer, J., & Venmans, F. (2024). Impacts of climate litigation on firm value. Nature Sustainability, 7(11), 1461–1468. https://doi.org/10.1038/s41893-024-01455-y
Abstract
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Communities and individuals are turning to courts to hold governments and high-emitting firms to account for the adverse consequences of climate change. Such litigation is part of a broader trend in which stakeholders are increasingly scrutinizing firms for their sustainability practices. For firms, rising climate litigation risk may exacerbate wider sustainability risks. Here we construct a comprehensive database of filings and decisions relating to 108 climate lawsuits against US- and European-listed firms between 2005 and 2021. We
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- Sato, Misato
- Gostlow, Glen
- Higham, Catherine
- Setzer, Joana
- Venmans, Frank
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Sato, M., Gostlow, G., Higham, C., Setzer, J., & Venmans, F. (2024). Impacts of climate litigation on firm value. Nature Sustainability, 7(11), 1461–1468. https://doi.org/10.1038/s41893-024-01455-y
