Corporate Duty of Vigilance and Environment - Some Lessons Drawn from the EDF and the TotalEnergies Cases
Brémond, Zérah
Author
aut
(orcid)0000-0002-6752-2220
Text
xx#
2023
Verfassungsblog
2023-04-06
eng
On February 23, 2023, French bank BNP Paribas was sued before the civil tribunal in Paris for having allegedly breached its environmental duty of vigilance. In particular, deficiencies in the vigilance plan related to the allocation fundraising activities are criticized. This climate litigation, involving a French bank for the first time, could increase the liability of financial protagonists in the fight against climate change if it succeeded. Nevertheless, one may doubt that the case against BNP Paribas will prove to be successful, as previous ones – which had been introduced under the 2017 law of vigilance (LdV) – are all either pending or unsuccessful.
CC BY-SA 4.0
Brémond, Zérah
climate litigation
Corporate Due Diligence
France
Total
342
https://verfassungsblog.de/corporate-duty-of-vigilance-and-environment/
Verfassungsblog
2366-7044
Max Steinbeis Verfassungsblog gGmbH
10.17176/20230406-190236-0
230406
10.17176/20230406-190236-0
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