The weight of ESG regulation continues to build; the recent FCA Sustainability Disclosure Requirements are indicative of how different parts of the business community are being impacted by legislation.
As a result, it’s imperative that businesses and organisations of all kinds have a clear and credible approach to their ESG strategy. It needs to address regulation but, just as importantly, the demands of your customers, employees and, in many cases, funders and investors.
ESG isn’t just about managing risks, it’s about making the most of opportunities. Research shows that companies that perform highly on ESG tend to deliver stronger financial returns.
As a firm, we already support clients with a diverse range of ESG-related services, including advice on environment and net zero, people matters, the built environment, sustainable finance and ESG investment, and litigation and crisis management.
However, we’re acutely aware that for client teams the topic can be complex – with numerous touch points that cross functional boundaries. To be of real value, any approach needs to take into consideration your company's impact as a whole, to be single-minded enough to have momentum but also reflect the nature of your organisation, your commercial priorities, the markets in which you operate, and the relevant regulatory environments.
That’s why we’ve taken a differentiated approach to supporting clients in this area by partnering with a specialist ESG consultancy, Thrive. It allows us to bring together skills which typically lie outside the remit of a law firm and, as a result, creates an approach which is highly flexible and quickly builds a strategic framework within which the various workstreams of your ESG strategy can be coordinated and actioned.
Whatever stage you’re at in your ESG journey, we’re always available for an initial consultation – if only to help you understand if you’re on the right track and how you match up to the broader market.
Please contact any of our specialist ESG team if you’d like to discuss your ESG challenges.
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