The ESG journey

All organisations, whether small or large, will sooner or later be confronted with environmental, social and governance (ESG) matters. Due to the enormous amount of EU and local ESG legislation, litigation and public scrunity, organisations are increasingly seeking for ways to manage their ESG footprint, which can be a major challenge. Embedding new legislation will have a profound impact on the business model and strategy of an organisation, its sustainability targets and the progress it is making to achieve these targets, its internal policies and due diligence processes throughout the value chain and on the disclosures it is making.

To adequately reduce risks associated with these various ESG aspects Due Diligence and ESG Contract Management are essential elements as organisations are continually impacted by business contracts with its shareholders, financiers, vendors, suppliers, outsourcing providers, service providers and customers. Negotiating, tracking, managing and monitoring ESG criteria in your contracts is therefore a vital instrument in reducing and controlling ESG risks. It helps you:


  • > to comply with regulatory requirements
  • > to create value to your organisation
  • > to mitigate litigation risks
  • > to mitigate reputation loss and fines
  • > to mitigate financial loss




KEEPING YOUR LEGAL RISK FRAMEWORK UP TO DATE CAN BE A MAJOR CHALLENGE.
WE CAN HELP YOU WITH YOUR:

Due Diligence

Contracts

Communication

Legal Risk Framework

We help organisations to comply with applicable rules and regulations and to organise and manage ESG Contract Risks. In doing so, it is important to truly understand your business in order to analyse the impact of ESG regulations on your organisation. There is no one fit for all solution. Various factors such as your industry, scale, locations of operating, your business strategy and business priority will play an important role therein.

We can help you to identify the ways to strengthen the organisation’s ESG standing, to prioritise and to establish a strategy for renegotiating your contracts. We can also help you with preparing ESG policies and procedures, drafting tailor made ESG clauses and KPI’s for your various contracts, contract negotiating and help you monitor and evaluate your contractual obligations, so that you are able to meet your ESG Contract Objectives and to reduce your ESG Contract Risk.




ESG Cycle

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More information on how we can help?
Please feel free to contact us.





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