As Investor Activism Grows, So Do ESG Practice Groups
Law360 (November 19, 2020, 9:19 PM EST) -- Stradley Ronon Stevens & Young LLP's announcement this week that it's launching a new practice group focused on environmental, social and governance policies marks the latest in a growing trend of law firms beefing up such services to meet the increased pressure that companies face from shareholder activism.
ESG is known as a set of standards that investors use to grade companies when looking to make investments. The wide-ranging factors include whether corporations act as stewards of the environment, whether they have diversity and inclusion practices, and how they might police themselves.
The last decade has shown that ESG standards can...
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