3 Ways CLOs Can Drive ESG Efforts

By Mark Chandler (October 8, 2021, 5:51 PM EDT) -- Chief legal officers can and should play a critical role in making real the corporate commitment to environmental, social and governance engagement.

For too many companies, the focus on ESG has become a check-the-box program, guided by consultants' best practices, with little real-world impact.

Commenting on the Business Roundtable's 2019 "Statement on the Purpose of a Corporation," Michael O'Leary and Warren Valdmanis noted in Harvard Business Review in March that "What actually happens when investors with $100 trillion of assets commit to investing more responsibly? The answer is not much — at least so far."

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