ESG may have been overtaken on the board agenda in recent times by other threats perhaps perceived to be more pressing and against a wider economic and political backdrop in which many have been placing greater emphasis on growth and opportunity. This may have the effect of understating the level of risk posed to businesses by non-compliance with the growing number of ESG-specific legislative and regulatory requirements and a drive by activists and others to hold corporates to account with potentially significant financial and reputational consequences.
In our latest briefing we consider the litigation and regulatory threat level and what businesses can do to best protect themselves from adverse consequences.