Sustainability lies at the heart of our business proposition, and you can find out more about Travers Smith’s sustainable business objectives here. We know that ESG and sustainability are also high on the agenda for many of our clients, for whom these topics have been a board-level conversation for many years. Whilst the focus on ESG and sustainability may have been deflected by the immediacy of the global energy crisis following in the wake of the COVID 19 pandemic, it will remain a key imperative for the business community in the months and years to come.
As businesses react to the difficult trading conditions, they may review their approach to the ESG and sustainability agenda. However, many businesses have already adapted their business model to take advantage of the opportunities presented by the transition to a net-zero, socially responsible economy, continuing to focus on the triple "P", profit, people and planet, as stakeholder capitalism remains at the fore. Increasingly, whilst new ESG regulation is driving change, businesses are judged by the court of public opinion on the extent to which they embrace a wider (albeit unwritten) societal contract. Reputation in this area has growing importance.
As you continue to navigate through these issues in the coming months and years, our specialists are here to help you. For further information or advice on any of the ESG and sustainability issues discussed on this site, please do contact me, any member of our ESG team, or your usual Travers Smith contact.
Kathleen Russ - Senior Partner
