Principles on Climate Obligations
About
For some time the Expert Group on Climate Obligations of Enterprises has been working on a revised version of the 'Principles on Climate Obligations of Enterprises'. The reasons for this updated version are the IPCC Special Reports of 2018 and 2019, an increasing number of unprecedented natural catastrophes, new climate cases, reports, academic publications and the growing awareness that the window of time is closing.00First published in 2017, the 'Principles on Climate Obligations of Enterprises' aim to provide a legal basis for active investment management and engagement geared at stimulating enterprises to comply with their legal obligations. In this second edition, 19 Principles were added and existing principles were reconsidered, and if useful, amended. An extensive commentary is provided which further explains the Principles and their legal underpinning.
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