The following Environment guidance note Produced in partnership with Tim Clare of Anthesis provides comprehensive and up to date legal information covering:
As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this content. For further guidance, see: Brexit—impact on environmental law and Brexit Bulletin—key updates, research tips and resources.
Environmental social governance (ESG) is an umbrella term covering a range of environmental, social and governance factors against which the performance of a, usually corporate entity, can be evaluated. The term is closely aligned with the concept of ‘responsible investment’ and is predominantly used in the financial services sector, albeit this is slowly broadening to the wider corporate world as its implementation has increased, following the flow of investment capital.
ESG has grown in importance as financial institutions, responding to pressure from their own investors, and wider physical, market and societal drivers, have sought to evaluate their own performance and those of the funds and companies they invest in, increasingly setting performance standards and improvement targets as a condition of that investment.
This Practice Note considers ESG in the broader sense and then focuses in detail on the response of pension funds and related institutional investors (routinely referred to
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.