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September 21, 2022
Jason Halper, co-chair of Cadwalader’s Global Litigation Group and the ESG practice, and senior associate Sara Bussiere, were featured speakers at the Legal 500 Law Summit, a one-day series of panel discussions examining today’s challenges and opportunities for in-house counsel. Halper and Bussiere were joined by Genie Cesar-Fabian, the General Counsel of Ethic, a tech-driven asset management platform that facilitates personalized sustainable equities portfolios for wealth advisors.
Halper, Bussiere and Cesar-Fabian discussed best practices for directors and board committees in assessing enterprise-wide ESG risks and opportunities as well as the unique challenges confronted by asset managers, which require sufficient information from issuers in order to make informed investment decisions and to report to their investors on the sustainability profile of their portfolios. The panel discussed the benefits and challenges posed by the SEC’s proposed disclosure rule, especially in the context of the existing U.S. materiality standard, and the challenges posed by the inconsistent and at times conflicting global response from regulators concerning climate-related disclosures. The panel also discussed a number of additional corporate governance issues, including preparing for ESG activism, the role of DEI audits, and managing the politicization of and ”backlash” against ESG.
Cadwalader’s ESG practice focuses on all aspects of climate change and sustainability, social impact and associated governance issues, seeking to help clients proactively address some of the most significant forces shaping the corporate and financial services landscapes. The firm has deep experience representing clients in litigation or government investigations arising out of these matters, and related crisis management and media coordination. Cadwalader works across our practice areas to offer clients a holistic approach to achieving their ESG goals and keep abreast of the near-constant market and regulatory developments in these areas. The ESG team is also committed to keeping clients aware of the latest legislative, regulatory, caselaw or industry developments affecting ESG issues.
For more information about Cadwalader’s ESG practice, please visit here.