Kepler Cheuvreux and Affectio Mutandi have unveiled the first report to look at the materiality of the legal, social and reputational risks facing businesses (especially multinationals) and investors… Civil Society 2.0 is exacerbating the reputational and legal risks relating to ethical commitments. The possibilities for mobilisation offered by digital technology are exposing businesses and investors to unprecedented demands and social pressures, which might lead some of them to avoid certain sectors or countries when making investments…New shareholder commitment strategies by investment management firms are a step in this direction…“Companies are increasingly being questioned about the Judicialisiation of their social responsibility commitments. We analyse how voluntary commitments can become legal obligations, and we assess the key importance of managing risks in the face of digital mobilisation.”…[Report available on request. Refers to Auchan, Eramet, Nike, Samsung]