Liability risks
Definition
Liability risks refer to economic and financial actors who have experienced losses from the effects of climate change or climate policies and regulations and seek compensation from those they hold responsible.
We already see examples of liability risks involving fossil fuel extractive companies and sovereigns that passed legislation aimed at preventing new fossil fuels explorations (see e.g. the case of Rockhopper Exploration against Italy)
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About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
