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Ethical and ESG

Although environmental, social, and governance (ESG) factors will not be in the front of the Board’s mind, as we steer ahead it is a vital ingredient to coming out the other side of the Covid-19 pandemic.

Prior to the Covid-19 pandemic, companies were making positive strides in areas of gender equality, diversity and inclusion, climate change and contribution to society – all the good work should not be set aside and go to waste.

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Good corporate governance should be upheld in order to promote a company’s long-term successes and provide muchneeded transparency and consistency to their stakeholders.

In the long-term, the capacity for a company to be fair and take the long view by managing its way through the Covid-19 pandemic will be remembered by its stakeholders.

ACTION POINTS

Identify the social and environmental considerations that are relevant for the business and link these to the company’s business plan and corporate strategy.

Inform and communicate the company’s ESG strategy to key stakeholders.

Promote the culture from the top-down, where ESG considerations are part of the ‘day to day’ decision-making process in the business.

Your key Corporate contacts

John North Partner & Head of Corporate T: 0207 842 1490 M: 0782 527 4640 john.north@roydswithyking.com

Claus Andersen Partner T: 0207 842 1462 M: 0755 716 0335 claus.andersen@roydswithyking.com

Katharine Mortimer Partner T: 01225 7301 68 M: 07789 930 728 katharine.mortimer@roydswithyking.com

Hazel Phillips Partner T: 01225 730 166 M: 07776 241 235 hazel.phillips@roydswithyking.com

Iain Butler Partner T: 01865 268 666 M: 07384 460 413 iain.butler@roydswithyking.com

James Worrall Partner T: 01225 730 170 M: 07881 092 464 james.worrall@roydswithyking.com

Dan Meadon-Bower Partner T: 01225 459 990 M: 07384 546 861 dan.meadon-bower@roydswithyking.com

Carl Selby Partner T: 01865 264 004 M: 07590 845 436 carl.selby@roydswithyking.com

Bharti Moore Senior Associate T: 0207 842 1522 M: 0783 349 3972 bharti.moore@roydswithyking.com

Rishi Ladwa Senior Associate T: 01793 847 716 M: 07824 832 152 rishi.ladwa@roydswithyking.com

Royds Withy King LLP is a limited liability partnership registered in England and Wales with registered number OC361361. Royds Withy King LLP is authorised and regulated by the Solicitors Regulation Authority. The term partner is used to refer to a member of the Royds Withy King LLP or an employee or consultant with equivalent standing and qualification. A list of members is available at the registered office 5-6 Northumberland Buildings, Queen Square, Bath BA1 2JE. Information contained in this communication does not constitute legal advice. All statements are applicable to the laws of England and Wales only.

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@RoydsWithyKing Royds Withy King RoydsWithyKing /RoydsWithyKing.law

Royds Withy King LLP is a limited liability partnership registered in England and Wales with registered number OC361361. Royds Withy King LLP is authorised and regulated by the Solicitors Regulation Authority. The term partner is used to refer to a member of the Royds Withy King LLP or an employee or consultant with equivalent standing and qualification. A list of members is available at the registered office 5-6 Northumberland Buildings, Queen Square, Bath BA1 2JE. Information contained in this communication does not constitute legal advice. All statements are applicable to the laws of England and Wales only.

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