"Bullish forecasts create liability risk, ClientEarth warns fossil fuel giants", 22 May 2017

ClientEarth has written to BP, Glencore and investors warning of the risk of investor lawsuits based on statements about future fossil fuel demand in their reporting [...] that paint a picture at odds with expert analysis... ClientEarth Senior Lawyer Alice Garton said: “We wrote these letters to warn the two companies of the potential for future claims but also to encourage investors to engage with the companies and encourage them to move away from self-serving scenarios when reporting on likely future trends for their business.” ...BP replied to ClientEarth’s letter and said: “BP considers that our disclosures regarding the matters discussed in your letter are appropriate.” Glencore replied saying: “As stated in our 2016 Annual Report and other publications, we recognise that climate change and related public policy developments are a material global issue which shall impact our business, creating both challenges as well as opportunities for the Glencore Group.”