Fisher Phillips Lawyers Discuss How In-House Counsel Can Impact ESG Scores

An environmental, social, and governance (ESG) score is a factor that is increasingly being used by investors to review a company’s financial and reputational health. In a bylined article for the Association of Corporate Counsel’s ACC Docket, Partner Lonnie Giamela and Associate LaLonnie Gray explain that it’s important for in-house counsel to understand that they can help shape the company’s ESG strategy and drive initiatives to support an enhanced ESG score.

The article focuses on the social or “S factor,” which consists of people-related elements, such as issues that impact employees, supply chains, human rights, public stance on social justice issues, and communities. The authors explain that there are several strategies in-house counsel may implement to help increase their company’s “S factor” to improve the ESG and thus improve their company’s fiscal health and mitigate against negative media exposure as well as expensive litigation.

Click here to read the full article from the Association of Corporate Counsel’s ACC Docket.