Environmental, Social & Governance (ESG) is a general term for a business’s impact on the environment and society as well as how robust and transparent its governance is in terms of company leadership, executive pay, audits, internal controls, and shareholder rights. It’s not just hot air
ESG is increasingly being seen as important for businesses. Not dealing with ESG issues relevant to a business can sometimes open the business up to avoidable risks such as: regulatory enforcement; litigation; and reputational risks. There is also a growing trend for ESG requirements and compliance as a pre-requisite for some businesses to contract with other parties.
It is becoming increasingly necessary for businesses to have ESG related documentation in place. Each business is different and the documents each will differ. However, our commercial team have developed a suite of template documents as a starting point for companies and businesses considering how to address ESG matters.
Contact: marketing@backhouses.co.uk for more information.