As environmental, social, and governance (ESG) considerations become central to corporate decision-making, legal professionals are navigating an increasingly complex regulatory landscape. Far from being a passing trend, ESG compliance and implementation represent a fundamental shift in how businesses operate, driving changes in governance structures, risk management strategies, and stakeholder engagement.
For general counsel (GCs) and compliance leaders, the challenges are multifaceted. As governments and regulatory bodies introduce new ESG frameworks, companies must not only interpret and comply with evolving laws but also integrate sustainability principles into their operations. Legal teams play a crucial role in advising on regulatory risks, ensuring corporate policies align with international standards, and mitigating potential liabilities. Beyond compliance, they are instrumental in shaping ESG strategy—balancing legal obligations with broader business objectives and ethical considerations.