Reuters Events Sustainable Business’ Post

We always need to challenge assumptions and established norms. Read the personal views of Timothy Bovy of Six Sentinels who tackles the criticism of Environmental, Social, and Governance (ESG). He argues that rather than ESG being so broad as to be meaningless; it needs its breadth to capture the interlinking qualities of ESG, which is more like a Venn diagram than a set of neatly contained boxes. Using the prism of #HumanRights read his comments on the blog on our website. #ESG https://lnkd.in/gx6ErTyw

Are you ready for a deep dive into the impact of business on human rights?! 🚨   In the free online course "Business and Human Rights - From Obligations to Positive Impact" you will have the opportunity to explore business actions and best practices to tackle social responsibility. With the increasing demand for social responsibility from investors, regulators, and consumers, the "S" in ESG is becoming even more important!   Register now for the course: https://lnkd.in/dNtcWwbh   #Sustainability #ESG

I am pleased to say that The World Financial Review has published the article that our COO, Ian Hodges, and I wrote entitled "How Human Rights Pervades ESG." In defining and communicating strategy, human rights presents a particular challenge to businesses because it is a more abstract concept that requires a clear definition in order to manage its risks, opportunities, and impacts. Both the European Union and GRI have helped in this regard by incorporating the UN’s Guiding Principles on Business and Human Rights (UNGP) and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct into their ESG reporting frameworks. A starting point for organisations should be mastering their content, both for formulating strategy and for preparing robust human rights due diligence guidelines. The UN’s document itself says: “These Guiding Principles should be understood as a coherent whole and should be read, individually and collectively, in terms of their objective of enhancing standards and practices with regard to business and human rights so as to achieve tangible results for affected individuals and communities, and thereby also contributing to a socially sustainable globalization.”  https://lnkd.in/etfstHNs

I am pleased to say that The World Financial Review has published the article that our COO, Ian Hodges, and I wrote entitled "How Human Rights Pervades ESG." In defining and communicating strategy, human rights presents a particular challenge to businesses because it is a more abstract concept that requires a clear definition in order to manage its risks, opportunities, and impacts. Both the European Union and GRI have helped in this regard by incorporating the UN’s Guiding Principles on Business and Human Rights (UNGP) and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct into their ESG reporting frameworks. A starting point for organisations should be mastering their content, both for formulating strategy and for preparing robust human rights due diligence guidelines. The UN’s document itself says: “These Guiding Principles should be understood as a coherent whole and should be read, individually and collectively, in terms of their objective of enhancing standards and practices with regard to business and human rights so as to achieve tangible results for affected individuals and communities, and thereby also contributing to a socially sustainable globalization.”  https://lnkd.in/euK5ZuF4

I'm pleased to share my recent article, published in Financier Worldwide, on how human rights due diligence can impact environmental ESG indicators. https://lnkd.in/eQJPuu5j #businessandhumanrights #bizhumanrights #esg

In the ESG performance space, human rights due diligence is directly influencing the 'E'. Aligning with UN Guiding Principles on Business & Human Rights, companies identify potential human rights risks to develop comprehensive policies and mitigate impact. Thus, progressive companies are ensuring environmental issues as human rights matter, fueling the trend. European Union’s CSRD further emphasizes reporting on both fronts, helping avoid legal and regulatory risks. Let's embrace this call for transparent human rights due diligence—it can only enhance ESG performance. #ESG #CorperateResponsibility #HumanRights #SustainableBusiness.

🌱 ⚖ 2024 is approaching, ushering in substantial obligations in the realms of due diligence and #compliance, particularly in the context of #ESG. European authorities are taking steps to oversee the behavior of corporations that impact workers and communities engaged in global supply chains. In December, the European Union's Council and Parliament achieved an initial agreement to implement a European-wide Corporate Sustainability Due Diligence Directive (#CSDDD), expected to receive formal adoption in 2024. 💡 Take a look at our ESG services ▶ https://lnkd.in/eE-vZHqm

The European Union's (EU) comprehensive @Corporate Sustainability Reporting Directive (CSRD) introduces robust requirements for companies to disclose their environmental, social, and governance (ESG) performance. Starting in 2024, the directive will apply to a broader range of companies, including large non-listed firms, significantly expanding the scope of ESG reporting. This move aims to enhance transparency, accountability, and comparability in corporate sustainability efforts across Europe. Companies will need to adapt their reporting practices to meet these new standards, reflecting the EU's commitment to driving sustainable business practices. Gain further insights into the article here: https://lnkd.in/enV64Zs3 #ESG #CorporateSustainability #PolicyUpdate #EURegulations Prof. Anish Sugathan | Prof. Chitra Singla | Prof. Abhiman Das | Prof. Naman Desai | Prof. Aditya Moses | Prof. Rama Mohana Turaga | Prof. Maya Ganesh | Prof. Saravanan A | Prof. Sunil Sharma | Prof. Vidya Vemireddy

The principles of #ESG provide businesses with a framework for environmental responsibility as well as fairness and equality. Faith Taylor shares her insights into how far corporates have come on this journey. Helenor Essam Zoe Farrow Nasreen Dawood Davina Cave https://lnkd.in/eS7vng7m

We are hosting The Legal 500's ESG Summit in June! Be part of the conversation shaping the future of Environmental, Social, and Governance (ESG) practices at our inaugural event! ♻ ESG Summit 📅 Date: June 4th, 2024 🕒 Time: 08:15 – 18:00 📍 Location: Queen Elizabeth II Centre Following the resounding success of our Green Summit earlier this year, we have decided to host our first ESG Summit. Join us as we delve deeper into ESG issues with insights from industry leaders like PwC and Normative, alongside a diverse array of speakers representing reputable law firms, general counsel, and sustainability heads. Expect vibrant discussions on crucial ESG topics, from diversity and climate action to regulatory shifts, all geared towards driving impactful change across sector focus. To see more on topics being covered, please see our https://lnkd.in/d-CDrvJ2. Plus, seize unparalleled networking opportunities and cap off the day with refreshing drinks among peers and experts. Secure your spot now for what promises to be a transformative and insightful event! To Register: Simply click here - https://lnkd.in/dXcUaj33, and include your full name and contact details. Sponsoring our ESG Summit offers a unique opportunity to participate in an outstanding event hosted by one of the leading legal publishers globally. For inquiries about partnership opportunities at our ESG Summit, please contact Kylie Mackenzie at kylie.mackenzie@legalease.co.uk. Looking forward to seeing you there! #legal500 #ESG #Sustainability #Networking #EnvironmentalImpact #SocialResponsibility #Governance #TransformativeEvent