News & Commentaries
Sovereign Environmental, Social, and Governance (ESG) Investing: Chasing Elusive Sustainability
“This paper evaluates the progression of the sovereign ESG landscape since the initial comprehensive assessment of the sector in 2021 in ‘Demystifying Sovereign ESG’ by conducting a comparative analysis of the current sovereign ESG methodologies of commercial ESG providers.” [COMMENTARY] Assets of sovereign wealth funds continue to increase significantly. Many of them use ESG parameters…
2 Major Changes to the SEC Climate Rule, and What They Mean for Investors
“Investors and companies must navigate major differences in US and international reporting frameworks.” [COMMENTARY] A few years ago I was hopeful that the major US, EU, and other securities regulators could arrive at common corporate ESG-sustainable reporting frameworks. However, this appears less likely now. The result could be significantly added burdens for investors and all…
Understanding ESG Ratings: Legal Insights & Perspectives
“This article analyzes the salience of ESG ratings and considers certain methodologies underlying their calculation for professionals. The article also discusses various issues concerning ESG ratings and provides key takeaways about the prudent deployment of ESG ratings products.” [COMMENTARY] This article provides great insight into the ESG rating regime. Understanding ESG Ratings: Legal Insights &…
Taking a Strategic Approach to the ‘S’ in ESG: Creating a Social Impact Strategy
“While the ‘E’ in ESG has received significant attention, effort, and investment from regulators and organizations alike, the ‘S’ pillar, which pertains to social sustainability and social impact, is equally essential for organizations to address.” [COMMENTARY] I largely agree with the ideas contained in this KPMG article. However, many companies might feel the ideas go…
The Payoffs and Pitfalls of ESG Due Diligence
“Although Europe has spearheaded more stringent ESG regulations, dealmakers in all surveyed countries, including those in the US, recognize the importance of performing such assessments before closing a deal.” [COMMENTARY] Due diligence — whether in mergers and acquisitions (M&A) or for regular investment purposes — now recognizes the essential nature of ESG analysis. The Payoffs…
The Missing “T” in ESG
“In a recent paper, we argue that amidst the enthusiasm about ESG, a critical parameter has gone virtually unnoticed: corporate tax behavior. The payment of corporate taxes is a powerful indicator of how a company views its role in society and supports the communities in which it operates and the stakeholders with whom it engages.” [COMMENTARY] This…
