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The impact of the ESG statement on the due diligence and the associated risks

Publication at Faculty of Law |
2023

Abstract

Although sustainability has become central to the business strategy of many businesses in recent years, companies should be cautious about making overly ambitious ESG statements. It turns out that the increase in published information is accompanied by an increase in shareholder disputes on ESG issues.

The paper deals with the risks that the publication of ESG statements entails and, based on recent jurisprudence, shows the direction in which the controversial agenda could go in the future.