Establishing and maintaining stakeholder trust when dealing with ESG misconduct and litigation risks
Expectations regarding companies’ Environmental, Social, and Governance (ESG) practices continue to evolve. Investors and customers are increasingly putting pressure on companies.
At the same time, companies are coming forward with bold ESG commitments (e.g., to align with net zero), which often have accelerated timeframes and are often tied to executive compensation. These pressures, combined with an evolving standard-setting, regulatory, and internal control environment, can create risk for potential ESG fraud, misrepresentation, and costly litigation.
We often work with legal counsel to help clients identify, mitigate, respond to and remediate ESG misconduct and litigation risks and concerns:
We advise clients on lessons learned from these experiences and perform root cause analyses and post-event remediation, including designing frameworks to mitigate the risk of future events occurring.