Despite concerns early in 2020 that the pandemic would impact the growth of environmental, social, and governance (ESG) initiatives, the opposite proved to be the case with political and investor momentum aligning and ESG initiatives surging in the climate of “building back better”. This growth will likely accelerate in 2021, particularly as leading economies and financial centres in the US, China, the EU, and the UK make political and legislative commitments focused on ESG and investors double down on their ESG demands.
This second instalment of Latham’s annual 10 Things to Look Out For blog post highlights ESG-related developments and trends to anticipate in 2021.
This article from September 2020 provides an overview of 2020 regulatory developments, the impact of the coronavirus pandemic, and the growing importance of Environmental, Social and Governance (ESG) factors in asset management.
This article provides an overview of the Carbon Capture, Use and Storage Development Fund, which was launched on 1 March 2021 in order to support the growth of carbon capture, use, and storage opportunities in Australia.
This article provides an analysis on the Joint Standing Committee on Northern Australia’s report, entitled Never Again: Inquiry into the destruction of 46,000 year old caves at the Juukan Gorge in the Pilbara region of Western Australia – Interim Report (released on 9 December 2020).
Increased focus on sustainability and environmental stewardship is changing the legal and regulatory landscape affecting the fashion and textiles industry, providing new challenges for textile and garment manufacturers, distributors, and retailers. This Top Ten provides a list of tips for sustainability professionals to navigate compliance issues throughout their supply chain.
While the focus on Environmental, Social and Governance (ESG) issues is not new, the importance of reporting and treating ESG as a key component of your business and governance processes has increased in recent years. This article will identify what ESG means from an in-house counsel perspective and steps for developing your company’s ESG program.