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ClientEarth Complaint to the Financial Report Council

Geographic relevance: United Kingdom

Language: Inglés

Data type: Legal citations

About this resource:

Client Earth made a complaint to the FRC in 2018 in relation to Lancashire Holdings, an insurance Company, alleging failure to deal adequate with climate risks in its Annual Report. The claim was based on a breach of the European Transparency Directive. Similar claims have been made based on obligations in the Companies Act, including under section 172 which refers to the impact of the company’s operations on “the community and the environment”.

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