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ESG for in-house lawyers—the basics
Produced in partnership with William Morris of Rolls Royce
Practice notesESG for in-house lawyers—the basics
Produced in partnership with William Morris of Rolls Royce
Practice notes
ESG has become a key area for businesses globally. In a number of countries, reporting on ESG is now either mandatory or under active consideration. The effects of the climate change crisis, the global pandemic, heightened volatility in geopolitics and the energy crisis have revealed how significantly corporations can impact societies and the natural world.
This Practice Note looks at the basics of ESG. It explains what it is and the challenges it poses for in-house lawyers, together with suggested areas to focus on to ensure you are able to address ESG issues for your organisation.
What is ESG?
At its most basic ESG is an umbrella term that describes a range of environmental, social and governance factors impacting:
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the requirements organisations must meet
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how they must operate, and
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how they are measured
ESG factors
ESG factors are used to incorporate responsibility into business conduct.
‘E’ is for environmental. The E in ESG considers the impact on, and from, the natural environment and will take into account an organisation’s carbon footprint,
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United Kingdom
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