Shell ruling could spur new climate court battles for shipping, lawyers say

The recent verdict against oil giant Shell will undoubtedly not be the last one of its kind. ESG and climate politics has become a dominant topic in corporate boardrooms, and the shipping industry could be next in line, says NGO. Two lawyers comment the possible legal impact of ESG on shipping.

BY IDHA TOFT VALEUR, SHIPPINGWATCH

The recent verdict against Shell is most likely only the first large climate battle with loose thematic ties to environment, social factors and governance (ESG) investment screening criteria to take place in a courtroom. Maritime transport could be next, says NGO.

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