Environmental, Social And Governance (ESG) And Supply Chain Risk Management

Introduction

It is uncontroversial that ESG is a boardroom level issue for many businesses, and this is unlikely to change in the near future. ESG is pervasive and cuts across many different aspects of a what a business does or areas with which it may be involved. With new and pending legislation, a Court of Appeal judgment, as well as a UK Supreme Court judgment, ESG and risk management, particularly in relation to supply chains, is fundamentally important for every company to prioritise.

Key considerations:

• Increasing demand for transparency and accountability by the public and non-governmental stakeholders.
• Introduction of legislation that increases businesses' reporting requirements.