It is not only politicians for whom climate change poses a challenge. German and international firms are increasingly confronted with questions surrounding the protection of the climate. Thus, headlines are made when claims for damages are filed against companies like Shell, BMW, Mercedes, or Volkswagen. But what is the situation with the regulatory mechanisms found in company law, accounting law, and capital markets law? Institute director Holger Fleischer has made a point of studying the extent to which these specialized disciplines can contribute in combating climate change.