Marc Goldgrub
Shell Wins Appeal in Landmark Climate Case

On November 12, 2024, the Hague Appeals Court overturned a landmark 2021 decision ordering oil giant Shell to reduce its greenhouse gas emissions 45% from 2019 levels by 2030.

Shell Wins Appeal in Landmark Climate Case
Marc Goldgrub
Ontario Youth Climate Activists Win Mathur ...

On October 17, 2024, Ontario’s Court of Appeal sided with a group of young climate activists in its Mathur v Ontario decision, reviving a case against the province which was previously dismissed in April 2023.

Ontario Youth Climate Activists Win Mathur Appeal
Marc Goldgrub
Canada Announces Green Taxonomy and Climate ...

On October 9, 2024, the Canadian government announced that it will establish a “Made-in-Canada” sustainable investing taxonomy, and institute mandatory climate disclosure requirements for large, federally-incorporated private companies.

Canada Announces Green Taxonomy and Climate Disclosures Rules for Federal Corporations
Marc Goldgrub
Canada Passes Sustainable Jobs Act

The legislation’s goal is to support workers and communities by creating high-quality, socially-responsible (and preferably unionized) jobs, as part of the transition away from fossil fuels.

Canada Passes Sustainable Jobs Act
Marc Goldgrub
European Court Rules Climate Inaction Violates ...

The European Court of Human Rights delivered its long-awaited first ruling in the climate action case Verein KlimaSeniorinnen Schweiz v. Switzerland, finding that the European Convention on Human Rights encompasses the right to effective protection from adverse effects of climate change.

European Court Rules Climate Inaction Violates Human Rights

investment

US Dept. of Labor Proposes Rules to Hinder ESG Investment

US Dept. of Labor Proposes Rules to Hinder ESG Investment

On June 23, 2020, the US Department of Labor proposed regulations to prohibit private industry pension plans, governed under the Employee Retirement Income Security Act (ERISA), from investing in ESG investment vehicles if doing so would prioritize non-financial objectives over purely financial ones (i.e., increasing returns for plan beneficiaries).