THE EMERGENCE OF CSR PRINCIPLES IN INTERNATIONAL INVESTMENT ARBITRATION AWARDS7 April 2022 By Lorraine de Germiny, Jagpreet Sandhu
As corporate social responsibility (“CSR”) principles gain in popularity, investors should be aware that failure to abide by these principles might affect their chances of success in international investment disputes.
Though some 65 international investment agreements refer to the UN SDGs and/or CSR principles, these provisions remain largely untested and unused in investment arbitration. They have not been much invoked by respondent States, nor are they often relied upon by investment arbitration tribunals. Discover a few notable exceptions in our newest publication.
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