CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites

TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Six NGOs are bringing a legal challenge against the Finnish government arguing that the country has unlawfully delayed climate action. While Finland’s climate goals are aggressive, the NGOs allege that the country is not on track to meet them and is in violation of its 2022 Climate Act. Barron’s discusses the case stating:

“The six organisations noted in a statement that Finland in 2022 had adopted ‘one of the strongest net zero climate targets among industrialised nations, committing to become climate neutral by 2035 and reach net negative emissions thereafter.’ In their lawsuit filed to Finland’s Supreme Administrative Court, the groups argue that the ‘lack of adequate climate action”’ by Finland’s right-wing government is violating the country’s Climate Act.”

This case is similar to other climate cases we’ve seen, like the lawsuit that resulted in a ruling against Switzerland by the European Court of Human Rights. However, this case is interesting because it asks the courts to hold the Finnish government to its previous commitments, rather than set new more aggressive goals. Often, the people making climate commitments are not the ones tasked with the difficult work of meeting them. This is just as true for governments as it is for companies. If the Finish courts find that the country must accelerate its climate progress, companies operating in Finland may have a difficult time meeting new GHG reduction targets. Especially considering that Finland’s targets require the country to reach climate neutrality in only a little over ten years.

Our members can find more information on climate commitments here.

If you aren’t already subscribed to our complimentary ESG blog, sign up here for daily updates delivered right to you.

Back to all blogs

The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile