Further to last week’s report: “Engaging on Sustainability Issues: Here’s Why,” while acknowledging the justifiable confusion and the lack of stakeholder consensus around what constitutes “ESG,” Cravath’s new post: “Cravath Discusses Board and Management Responses to ESG Considerations” observes the reputational, business, competitive, capital, and other risks associated with companies not engaging on these topics. The post suggests practical steps companies may consider to responsibly and realistically respond to the increasing pressures and demands of investors, regulators, and other stakeholders via knowledge/education, informed self-assessment, and implementation/enhancement of processes and procedures.
Access numerous additional resources on our Sustainability page.
This post first appeared in the weekly Society Alert!