The National Law Review’s Post

ESG-Australia: Consultation Material for the 5th Edition of the Corporate Governance Council Principles and Recommendations Released https://bit.ly/3vXFwkv #Australia #ESG #corporategovernance

To what extent should corporations be compelled to define their purpose, not (just) via a pithy purpose statement but as a strategic governance position from which the company and its board are held accountable? Just returned from listening to The Hon. Justice Gordon, of the High Court of Australia, share her perspectives on the new realities impacting 21st century governance, hosted by the Shared Value Project. A rigorous and instructive presentation based on her 2023 Harold Ford Lecture. Here's an extract: "Three ideas keep arising in any debate about corporate governance and directors' duties: what is the purpose of the corporation; what kinds of interests and consequences should directors consider when making decisions; and how far ahead should they look?" When considered from the perspective of a litigant and judge, the lecture is essential reading for any of us working in strategic planning and placing ESG. https://lnkd.in/gExWt3Es #strategy #risk #governance #sharedvalue

  🆕 ”ESG for Legal Teams" in partnership with The University of Law Business School   Elevate your firm's ESG game with our one day training course!   As the global focus on ESG intensifies, law firms play a crucial role in driving sustainable change. This course is designed to empower legal professionals with the knowledge and tools needed to navigate ESG complexities and embed impactful strategies into their firms.   Featuring expert speakers from both institutions, attendees will gain invaluable insights into ESG management, explore real-world challenges and opportunities, and learn from successful transformation stories within the legal industry.   Key Takeaways:   ✅ Enhance your ESG expertise within the legal sector ✅ Gain practical insights to tackle ESG challenges head-on ✅ Connect with peers and industry leaders ✅ Drive meaningful ESG transformation within your firm Don't miss this opportunity to elevate your firm's ESG strategy and make a tangible impact. Secure your spot today and join us in shaping a more sustainable future for the legal profession!   #UCL #UCLSoM #ESGTraining #ESGLeadership #LegalDevelopment #Training #Business #Law 

Are you a legal professional that's not sure where to start with Environment and Sustainability Goals? We've partnered with UCL School of Management to deliver a one-day training course tailored for you on this - see details below ⤵ #Sustainability

"#ESG is under attack from all sides. True believers wish to keep practicing ESG but call it something different; opportunists recognize that an ESG label no longer helps launch funds or attract customers; opponents seek to ban ESG outright. But if ESG is to be scrapped, what do we replace it with? Retiring the term but continuing the practice fails to address the legitimate challenges to ESG; abandoning the practice throws the baby out with the bathwater. This article proposes an alternative: “Rational Sustainability”. Sustainability refers to the goal – the creation of long-term value rather than the ticking of ESG boxes – which is of interest to all job titles and political leanings. Rational refers to the approach: it recognizes diminishing returns and trade-offs; it is based on evidence and analysis; and guards against irrational sustainability bubbles. Rational Sustainability is not a rebranding or a name change, but a fundamental shift in the practice of ESG to the informed creation of long-term value." If you haven't done so, read Alex Edmans incredible paper - "Rational Sustainability" - https://lnkd.in/giDE-zzS A big theme of this year's Legal ESG: London is challenging existing and future thinking around ESG, where it is today, and the changes that must be made to ESG to achieve a more sustainable and just society. Alex Edmans keynote session will do just that.

While this article published by Harvard Law School Center on the Legal Profession is from more than a year ago – it has aged well. It is a very good reminder of everything lawyers and law firms could (and should) be doing when it comes to ESG. “At the end of the day, every single lawyer has to be an ESG lawyer,” says Timothy Wilkins, global partner for client sustainability at Freshfields Bruckhaus Deringer LLP. “If we don’t train our lawyers, regardless of practice groups, to spot ESG issues,” he continues, “we’re letting down our clients.” Are your lawyers ready to advise clients on their ESG challenges – and the corresponding disclosure requirements? And what of your law firm? Are you “walking the talk” or guilty of “do as I say, not as I do”? Start now! #esg #sustainability #lawandlegislation https://lnkd.in/gM8htpdG

While #Austria does not yet have a comprehensive legal framework mandating #ESG compliance across all corporate operations, significant steps have been taken to infuse ESG principles into national law. Discover more about ESG engagement and litigation in Austria in the latest interview with Bettina Knoetzl and Ferdinand Urban, featured on Lexology Panoramic Next https://lnkd.in/d4u7Tkv4 #KNOETZL #LeadingtheWayinDisputes #Lexology #PracticeGuide

The Australian Institute of Company Directors Australian Governance Summit brings together prominent leaders in governance and business to discuss the trends and challenges facing organisations and boards. General Counsel Lyn Nicholson shares some of her key takeaways from the recent event. #governance #directors #boards #AGS2024 #legal #law

The next CCTL Corporate Law and Governance Cluster Seminar – ‘Understanding ESG and its Impacts on Business’ will be held on 9 April 2024 For details and registration: https://bit.ly/3vBMRpK Centre for Comparative and Transnational Law, CUHK LAW #CUHKLAW #CUHK #CCTL #businesslaw #ESG

The International Comparative Legal Guide - Corporate Governance 2024 has now been published. The URL to the chapter about Cyprus, contributed by Lorenzo Toffoloni and Despina Sofokleous, is:  https://lnkd.in/dPqVuamX.