Legal professionals of all stripes are increasingly cognisant of the importance of environmental, social and governance considerations in a successful, modern business. There are a handful of ESG considerations, however, that may be flying under the radar and are in need of greater attention.
On this episode of The Corporate Counsel Show, host Jerome Doraisamy is joined by Corrs Chambers Westgarth head of responsible business and ESG Phoebe Wynn-Pope to discuss the current, underlying dangers pertaining to ESG and why they are so important to be across, including concerns about lack of integration in businesses, the importance of having a risk-based mindset and how that can and should operate.
Ms Wynn-Pope also delves into the extent to which Australian businesses across the board are taking a sufficiently holistic approach to ESG, the stakeholders that must be engaged, the role of the law department in ensuring businesses are adhering to their responsibilities, marketplace shifts to factor into the approach to ESG, and the opportunities that can and do arise from meaningful engagement.
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