Abrahams v. Commonwealth Bank of Australia

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Shareholders sued the Commonwealth Bank of Australia alleging that it violated the Corporations Act of 2001 by issuing its 2016 annual report without disclosing climate change-related business risks. Before the court could weigh in, the shareholders withdrew the suit after the bank issued a 2017 report acknowledging those risks.[1]

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  1. Global Climate Litigation Report: 2020 Status Review. United Nations Environmental Programme and Sabin Center for Climate Change Law.