Big polluters’ share prices fall after climate lawsuits, study finds

Exclusive: Fossil fuel companies register drop in value after litigation or unfavourable judgments

Climate litigation poses a financial risk to fossil fuel companies because it lowers the share price of big polluters, research has found.

A study to be published on Tuesday by LSE’s Grantham Research Institute examines how the stock market reacts to news that a fresh climate lawsuit has been filed or a corporation has lost its case.