The firm’s write-up of the survey results noted that while there might be some pushback to the ESG wave here in the U.S., “the tide of change largely flows one way.” Of particular note on the environmental front, the report points out, there are currently more than 2,000 active climate change cases around the world, with key decisions expected in several in the coming year. And although a recent analysis by the London School of Economics found the rate of new climate cases slowing, plaintiffs are expanding their targets in those suits, including to defendants in the financial services industry. The types of claimants are also expanding to include developing countries and small island nations.
