Empty ESG Promises: Investor Recourse for Moral Harms
This new article by Selendy Gay Elsberg examines whether shareholders, for whom sustainability is a guiding principle, can bring a claim against a company for its allegedly misleading representations, even though such misrepresentations cannot be tied to economic losses. It also explores whether securities laws provide remedies for those who believed they were investing in environmentally responsible companies, only to learn they were duped.