Exploring the dynamics of environmental, social and governance ratings and the integration of CBDR principles in investment arbitration

Explorarea dinamicii ratingurilor de mediu, sociale şi de guvernanţă (ESG) şi a integrării principiilor CBDR în arbitrajul de investiţii

Tushar BEHL , Kim KORWANI

ABSTRACT

This paper explores the intersection of Environmental, Social, and Governance ("ESG") principles with investment arbitration, highlighting the increasing relevance of ESG considerations in legal and business frameworks. It investigates the evolving role of ESG factors, spanning environmental sustainability, human rights and corporate governance in shaping dispute resolution practices. Employing a Third World Approaches to International Law ("TWAIL") perspective, the study critiques the persistence of post-colonial inequities within international arbitration and examines how integrating Common but Differentiated Responsibilities ("CBDR") principles into investment treaties can foster...