The role of law and lawyers in sustainability

Sustainability and Corporate Responsibility work is in a state of flux, the big driver being the development of regulation and the legalisation of sustainability. The regulatory framework has expanded and become substantially more stringent over the last five years. The EU has recently drafted, proposed and adopted several legislative instruments covering almost all areas of sustainability. The legalisation process will continue in the future, making it even more important to prepare for change.

Credible sustainability work requires strategic vision and legal expertise

To be truly prepared for the new sustainability regulation, it is important to understand the rationale and the operational logic of it. At best, the opportunities offered by this new regulatory movement can be exploited as an added value.

Sustainability regulation is characterised by relatively short transition periods, so the need for change is rapid. The overall legislation, the interdependence of different legal acts and the principles of different legal areas all have an impact on sustainability work and must be taken into account to manage risks. Managing the big picture and focusing on the essentials requires courage to draw boundaries and put things into perspective. Sustainability work without impact is in no one’s interest. Sustainability work is not just for a limited group of experts, but for common goals and problem-solving in a larger scale.

It’s the company’s Board of Directors and operational managements responsibility to ensure that changes in the operating environment and regulations related to sustainability are properly and proactively prepared for. A credible corporate sustainability policy is not only a brand issue but will also be an essential part of legal risk management in the future. It takes strategic vision, rigour and legal expertise to build a credible sustainability policy.

The sustainability focus areas depend on the size of the company, its industry and val- ues, among other things. However, sustainability concerns all actors, and companies must at least make a choice on how to deal with the increasing sustainability requirements, possible litigation risks and eventual negative impacts relating to the sustainability factors in business.

Well-being lawyers guiding the way to sustainability

As legal professionals, we are dedicated to assisting clients in every facet of sustainability, offering guidance throughout their sustainability journey. Fondia, while supporting our customers in achieving sustainable and responsible business practices, aspires to be a model of responsibility as a legal service provider and employer. Recognizing that our employees are our greatest assets and the driving force behind our productivity, we prioritize the well-being of our lawyers. By fostering a culture of well-being, our lawyers are empowered to deliver exceptional results for both our clients and our company. We wholeheartedly care for our lawyers, enabling them to provide the utmost care for our valued customers. |

Read more at: fondia.fi