"ESG and Sustainability: The Board's Role" from Wachtell, Lipton, Rosen & Katz presents a wonderfully practical, business-oriented high-level overview of the numerous considerations that the board and management should address in developing the company's sustainability posture across multiple dimensions, e.g., corporate strategy; board oversight structure and process; dedication of management/company resources; shareholder engagement & activism; proxy and/or other disclosure and/or reporting; ESG ratings, and more.
Among the key takeaways are that companies should tailor their approaches to their specific facts and circumstances (one-size-fits-one), and monitor, manage, and perhaps consider tweaking them on an ongoing basis coincident with the rapidly evolving perspectives in this area.
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We first reported on this memo in this week's Society Alert! Access numerous additional resources on our Sustainability/ESG page.
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