Market report: ESG
Amid a tsunami of new regulations and increased scrutiny, the Environmental, Social and Governance (ESG) agenda can be difficult for general counsel (GCs) to master. Leading City partners explain how to turn risk into opportunity.
‘ESG is a huge opportunity for lawyers, including in-house counsel, to play a different and more strategic role, and be really plugged into the business. But that is also big change and change can be quite difficult,’ asserts Rachel Barrett, environment and climate change partner at Linklaters.
According to a survey conducted last year by Simmons & Simmons of 700 participants including GCs, 84% of executives and investors believe businesses that invest most effectively in sustainability will perform best financially in the next five to ten years.
