A lawsuit has been launched against retail giant Target that challenges the company’s ESG priorities, marking a potent new angle from anti-ESG proponenets. The plaintiff believes that Target’s ESG practices, which includes support for diversity and LGBTQ+ communities, align heavily with left-leaning politics.
While shareholder lawsuits concerning corporate ESG practices have increased in recent years, they have typically focused on disparities between a company’s ESG commitments and their actions, such as promises to enhance minority hiring or to reduce greenhouse emissions.
This litigation against Target, signaling a pivot in strategy by anti-ESG forces, has made the conversation around ESG even more complex and contentious.
More details can be found in the original article on Law.com.