... and certainly no longer an 'emerging' topic. Environmental, Social and Governance factors – alongside the broader challenge of sustainability – are an increasingly important area for clients.
Society and the law fuel increasing demands on business for transparency, responsibility and ultimately, accountability. A license to operate is no longer sufficient as trust wanes in formal regulatory approval and in the regulatory authorities themselves. Yet society is also at the forefront of climate change and the necessary energy transition, which implies massive and disruptive developments in the legal, political and economic landscape, all further impacting corporates already under increasing public scrutiny. These developments require to complex decision-making and raise new legal questions in the absence of political guidance or clear legal frameworks.
We advise corporates and major state-owned entities in the epic-center of such change. Our extensive experience navigating this challenging landscape, and dealing with complex and often politically sensitive matters, puts us in a unique position to handle such matters. We have a well-developed informal network with senior advisers and legal staff in central government, and work in multidisciplinary teams and liaise with technical experts to build strong cases in this multifaceted and complex area, that withstand judicial review by third parties.