A successful approach to Environmental, Social and Governance is becoming crucial to businesses of all sizes – and their clients.
Most organisations are also waking up to the risks of getting ESG wrong.
At Acuity Law, we will help you manage that risk. But we also want to help you harness the potential that flows from getting it right. ESG is far more than a compliance tick box exercise – it’s an opportunity for organisations to attract business, talent and prospects. As society demands more sustainability, fair practices and accountability, businesses must be ahead of the curve.
We understand ESG inside out. And we want to make sure you do too.
Acuity offers expertise in ESG issues as they impact every corner of the commercial world. Please contact one of our Key Contact partners to direct your query to the right specialist.
Over the past decade, ESG issues have rocketed up the company agenda. ESG’s impact is everywhere, for example:
Organisations reporting on their compliance with ESG standards
Workforce talent choosing their employer based on ESG commitment
Lenders assessing borrowers’ ESG credentials when granting access to finance
Sustainability is not only being required by law, but its mounting importance is felt by all of us as individuals – as citizens, as consumers, as workers and as people.
ESG risks lie in every industry, and in every organisation. Through the impact of your manufacturing processes, the welfare of your employees, the scrutiny of your supply chain, the efficiency of your energy and resource consumption – the list goes on. Get ESG right and you’re likely to be a long way towards having a successful organisation, a happy workforce and positive profile.
Whether you’re in the private or public sector, ESG materially matters.
By understanding, identifying and managing the risks, ESG compliance can become a tool to strengthen your business.
Our lawyers can help you put in place an ESG Policy and identify areas for improvement. From there, you can isolate and assess individual aspects of your organisation in greater detail, leading to informed and targeted improvements. Please contact any of our Key Contacts for further support.
First, understand where you’re starting from and then identify what you want to achieve. A great starting point is an audit to identity your organisation’s current standards and engagement with ESG issues. You can do this by using Acuity Law’s ESG Checklist.
The consequences of non-compliance range from the directly quantifiable to the unquantifiable – but all impact the bottom line.
Inadequate, or insincere commitment to ESG can erode employee engagement and customer satisfaction.
Breaches of laws and relations can lead to fines and other penalties, as well as reputational damage and other adverse impacts.