Transparency is the cornerstone of effective accountability, and climate change reporting is becoming mandatory in many jurisdictions around the world, including the UK. These changes in the regulatory landscape are amplified by recent messaging from some of the world’s largest asset managers that companies which do not take meaningful action to reduce their contribution to climate change risk being cut off from future investments and/or funding opportunities. It is not surprising, therefore, that in recent years we have seen a surge in “green technology”, designed not only to improve a business’s efficiency, but to assist with monitoring, managing and reducing carbon emissions.
In this article, we consider emerging green technologies, and some of the potential associated litigation risks for those who opt to use them.