Environmental, Social & Governance (ESG) Update: Towards new European laws and guidance on Sustainable Corporate Governance
In our “What to expect in 2021” blog, one cross-sectoral EU initiative we flagged was forthcoming Commission proposals for far-reaching new EU-wide Sustainable Corporate Governance requirements.
Here are some more details of what that might entail.
Background
Recent studies have suggested that companies performing well on ESG factors outperform their peers and that those with better social and environmental performance have proved to be more resilient to the COVID-19 crisis.
Against this explicit…