Friday, January 29, 2021

The New Normal of ESG Across Borders

Please join me for this ABA Conference on February 10-11. I'm excited to serve as a mock board member on the 11th as well as on the plenary panel on “Leading Voices in ESG Initiatives” with representatives from United Airlines, Microsoft Asia, and others focusing on the many and sometimes conflicting imperatives of implementing ESG goals. I'll be particularly interested in the session by the General Motors GC, who will speak about the plan to go away from gasoline-powered vehicles, which GM just announced.

You can register by clicking here.

About the Virtual Conference:

The state of New York, on December 9, 2020, announced that its pension fund with over $226 billion in assets would divest its oil and gas stocks in companies that, in its view, contribute to global warming. The announcement emphatically highlights how ESG factors (Environmental, Social and Governance) across borders represent business risks but also opportunities for companies, their stockholders, and their other stakeholders. In-house legal departments are the first line of defense to re-orient business operations to address global ESG issues and to identify risks. These challenges, risks and opportunities are creating additional demands on legal departments with constrained resources as they navigate this “New Normal” in addition to their traditional responsibilities to stockholders.  This two-day conference will provide in-depth critical analysis through three tracks that efficiently canvas each of the ‘E’, ‘S’ and ‘G’ elements. Through these three tracks, the conference will identify, explore, and evaluate key areas of relevance to in-house counsel wanting to navigate the numerous complex legal and operational issues raised by ESG in jurisdictions around the globe.

Key Speakers:

  • Craig Glidden, Executive Vice President and General Counsel, General Motors
  • Tim O’Connor, Senior Director, Environmental Defense Fund
  • Olga V. Mack, CEO, Parley Pro
  • Ashley Scott, Senior Counsel, Lime
  • In-House Executives: Several current and former General Counsel, along with numerous senior in-house counsel across various industries, including Google, Nestle, Microsoft, General Motors, Accenture, LexisNexis, Chubb, United Airlines, Liberty Mutual, OPEC, Lazard, Iron Mountain, Willis Towers Watson, Norsk Hydro, and Equinor.
  • ESG leaders: Leading ESG voices from law firms, non-profit organizations, and universities

What to Expect

This two-day cutting-edge conference will provide opportunities for-in-depth analysis of these issues through three tracks of interactive panel discussions that canvas each of the ‘E’, ‘S’ and ‘G’ elements, including how COVID-19 is accelerating ESG trends. Key areas of relevance to in-house counsel wanting to navigate the numerous complex legal and operational issues raised by ESG in jurisdictions around the globe, including NGO and government stakeholder perspectives, will also be examined.

CLEs will be available. I hope to see you there!

https://lawprofessors.typepad.com/business_law/2021/01/the-new-normal-of-esg-across-borders.html

Compliance, Conferences, Corporate Governance, Corporations, CSR, Current Affairs, Marcia Narine Weldon | Permalink

Comments

Sounds like a great conference. Looking forward to your after-action review. Probably won't surprise you that I immediately Googled "new york pension fund divestment breach of duty." Thought this was interesting:

Would a court which has ruled that a change in funding rules (for the sake of saving money) and a mandate to invest in New York City bonds (to rescue the city from default) were both unconstitutional because they abandoned the fiduciary duty to plan participants and taxpayers, find this new change acceptable?

https://www.forbes.com/sites/ebauer/2020/12/20/fossil-fuel-divestment-comes-for-new-york-pension-fundsis-that-constitutional/?sh=336851abaff6

Posted by: Stefan Padfield | Jan 29, 2021 12:09:31 PM

Sounds like you have a great law review article topic, Stefan!

Posted by: Marcia Narine Weldon | Jan 29, 2021 12:17:25 PM

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