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Climate-related derivative claim against energy major’s directors

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Analysis of a case that is part of a global trend of ESG-related claims.

On May 12, 2023, the High Court in London refused permission to allow claimants to bring a derivative claim on behalf of Shell plc (Shell) against its directors. The proposed claim concerned Shell’s climate risk strategy. The claimant has now exercised its right under the Civil Procedure Rules to have

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