A practical look at ESG – the contractual nuts and bolts

Author Sarah Ingwersen
June 16, 2014

The Taylor Root team recently sponsored and attended the Corporate Counsel & Compliance Exchange and experienced a great panel discussion on ‘A practical look at ESG – the contractual nuts and bolts’.

Claire Roberts – General Counsel, Hitachi Energy
Anita Adam – General Counsel, Molson Coors Beverage Company
Anders Meex Hvashovd – Chief Compliance Officer, Seadrill
Tania A. – Director of Commercial Contracts, Curtiss-Wright Corporation

Expertly moderated by Ben Stansfield – Partner, Gowling WLG

The key takeaways:

  • One-size doesn’t necessarily fit all. Consider what is the subject matter in the contract that you want covered by ESG
  • Think about fact-based questions you can ask suppliers to determine if they meet your ESG requirements, as opposed to asking them outright if they are in breach of certain regulations / standards
  • Consider what is expected from your suppliers and how can they meet those expectations? At what stage do you conclude that you’ve reached that provision? Is it via KPIs or ‘best endevours’? Clarify these elements before contracts are signed
  • There is still no universal measure of ESG metrics or standards so create a ‘Recipe Book’ to reference and measure ESG improvement
  • A great (free!) resource for in-house lawyers is The [Chancery Lane] Project which provides ESG clauses and playbooks for drafting contracts; https://lnkd.in/eRmqEHhp
  • ESG isn’t just a legal issue. Involve the business – from HR to supply chain – to get buy-in and support. For example encourage Supply Chain to do the ESG audit

If you would like to discuss the topics from the discussion, the legal, risk and compliance market or your hiring needs, please do not hesitate to contact Sarah Ingwersen or a member of the team.


PSL – Projects & Infrastructure

We are working with a Tier One global firm in this area who are looking to hire a Projects, Construction & Infrastructure PSL / Knowledge Lawyer. Candidates will have excellent experience from a City firm and will be an experienced fee-earner looking for a new challenge or an existing PSL / Knowledge Lawyer. Salary and […]
  • Posted Posted 2 hours ago

PSL – Construction

We’ve been instructed on a Construction PSL / Knowledge Lawyer role at a global firm to be based in its London office. Supporting the construction team you’ll be an experience associate or an existing PSL / Knowledge Lawyer. The focus is on non-contentious work but candidates with a mixture of contenious and non-contentious experience will […]
  • Posted Posted 2 hours ago

PSL – Competition – Part time / Full time

We have a current opportunity for a Competition PSL / Knowledge Lawyer on a permanent basis. The position will be based in London. You’ll have UK experience from a highly regarded firm in this area and will be looking for a challenging alternative to fee-earning. Existing PSLs / Knowledge Lawyers will be be considered as […]
  • Posted Posted 2 hours ago

PSL – Securitisation

We’re working with a global firm who are looking to expand its knowledge team in London. As an associate or an existing PSL / Knowledge Lawyer you will have in depth knowledge of securtisation work. Joining an established knowledge team you’ll be working closely with all team members, from Partners to trainees to provide legal […]
  • Posted Posted 2 hours ago

PSL – Real Estate 6+

Would you be interested in a move away from fee-earning into a knowledge lawyer / PSL role? I’m currently working on an outstanding role at a leading City firm – the team work on market leading transaction across a range of Real Estate sectors. Joining an existing PSL you’ll be part of a dynamic, friendly […]
  • Posted Posted 2 hours ago

Featured Content