In our annual report, Torys’ litigators look at the future implications of 2024 case law, identifying key areas of risk for organizations to prepare for in the new year.
Securities class action risk arising from environmental and climate-related disclosures
Dispute risk related to environmental disclosures is rapidly rising, particularly in the resource, manufacturing, automotive and transportation industries, as well as other energy-intensive industries such as artificial intelligence and cryptocurrencies.
Recent case law reflects a judiciary that is willing to flex its constitutional muscles to maintain a reasonable balance of power in the realm of environmental regulation—a trend we expect to see continue in coming years.
— Constitutional claims on environmental issues: a less hostile climate?
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