Shareholders and their environmental liability ›

A group of European researchers say shareholders should be held liable for the environmental damage caused by the companies they invest in. Researchers at the International Institute for Applied Systems Analysis, a Vienna-based think-tank, say increasing shareholder liability could force investors to consider better energy technologies and infrastructure.

Good read via DW.de.

#divestment  #liability  #law  #economics  #vienna  #climate change  #infrastructure  #energy  #adaptation  
∞  01/31/13 at 03:56pm
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  10. 518environmentalism reblogged this from climateadaptation and added:
    Super interesting
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  14. jacktheweenie said: Couldn’t agree more. Today we let “corporations” be liable as if they were people. But if no person is punished, the weight of the guilt doesn’t exist as heavily. Therefore, their actions are repeated, or just restructured, and no results are made.
  15. climateadaptation posted this