“The conduct of our businesses is subject to various laws and regulations
administered by federal, state and local governmental agencies in the United
States.”51
“For instance, increasing attention to global climate change has resulted in an
increased possibility of governmental investigations and, potentially, private
litigation against us and our customers. For example, claims have been made against
certain energy companies alleging that greenhouse gas emissions constitute a public
nuisance. While our business is not a party to any such litigation, we could be named
in actions making similar allegations.
Moreover, the proliferation of successful climate change litigation could adversely
impact demand for coal and ultimately have a material adverse effect on our
business, financial condition and results of operations. Changes in the legal and
regulatory environment in which we operate may impact our results, increase our
costs or liabilities, complicate or limit our business activities or result in litigation.
Such legal and regulatory environment changes may include changes in such items
as: the processes for obtaining or renewing permits; federal LBA programs; costs
associated with providing healthcare benefits to employees; health and safety
standards; accounting standards; taxation requirements; competition laws; and trade
policies, including policies concerning tariffs, quotas, trade barriers and other trade
protection measures.”52
“While the United States Supreme Court held that federal common law provides no
basis for public nuisance claims against energy companies, state law tort claims
remain a possibility and a source of concern, and we could be named in actions
making similar allegations. Moreover, the proliferation of successful climate change
litigation could adversely impact demand for coal and ultimately have a material
adverse effect on our business, financial condition and results of operations.”53
Statements on Human Rights
As of 13 April 2019, it does not appear that Arch Coal, Inc. has published statements
referring to human rights in its website or the annual report quoted above.
BG Group plc
In 2016, Royal Dutch Shell plc acquired all the voting rights in BG Group plc, and
BG Group plc was delisted from the London Stock Exchange.54 There have been no
updates since 2015.
Id., p. 45.
Id.
53 Id.
54 London Stock Exchange's Regulatory News Service (15 February 2016), supra note 2.
51
52
Annex D: Corporate Statements on Climate Change and Human Rights | 10