ESG Advisory Group
We take our sustainability commitments very seriously – and we can help you to meet yours as well.
Our Environmental, Social and Governance Advisory Group is made up of lawyers with a wide variety of expertise, all of which can help our clients with their sustainability journey. That includes environmental, workforce, social and regulatory commitments.
ESG is a Board-level issue for many organisations. It is important to consumers and employees, many of whom strongly prefer businesses that can demonstrate that they share their values. And it is increasingly a focus for governments.
Our ESG Advisory Group, led by partners Louisa Knox (Pensions) and Gordon Downie (Regulation and Markets), supports clients on all aspects of ESG. To do this we apply not just our legal expertise but also our experience of embedding ESG considerations into our own operations. This gives us a clear insight into the practicalities of the ESG journey, and a real understanding of the part we all need to play to achieve our objectives.
Obviously ESG has three key elements, and a robust ESG strategy needs to address all of them. Specifically, how an organisation lessens its impact on the environment; treats its employees; and evaluates its supply chain and governs its business.
Environmental
There are countless ways to minimise an organisation’s impact on climate and nature. Among the most important are reducing greenhouse gas emissions, managing waste and energy consumption better, and engaging with suppliers to encourage more sustainable ways of doing business. There are also many ways to gather data and measure progress. Whichever method you use, your targets should be quantifiable and aligned with your organisation’s goals.
Social
Social considerations reflect an organisation’s ethics – its values and how it conducts its business. What initiatives are in place to care for the health and welfare of its people? What actions is it taking to promote a more diverse, inclusive, and socially and ethically responsible culture? This is an area in which it can be particularly useful to get opinions from other organisations: when people share their experience of what has worked (and what hasn’t) it helps everyone to improve.
Governance
Complying with regulatory standards is vital to the success of any organisation. But that’s difficult to achieve: it’s an area of law that changes frequently, sometimes at short notice, and the overall regulatory burden tends to increase. Nevertheless, measuring and demonstrating compliance is an important part of any ESG strategy.
Our ESG Advisory Group can help you to set a direction for your organisation’s sustainability journey, and give you the support you need to progress.
Our experience includes:
- Assisting clients active in a variety of sectors in developing their ESG strategies
- Advising regulators and energy businesses on innovative energy projects and providing fundraising and corporate advice
- Supporting clients with health and safety and data protection compliance
- Working closely with clients to ensure their employment policies and their initiatives to encourage diversity and inclusion are robust
- Advising pension trustees and sponsors to ensure they meet their detailed regulatory requirements while delivering against the expectations of their schemes’ members
To find out more, contact Louisa Knox.