In the first of a two-part series focused on the complexities of environmental, social, and governance (ESG) standards, Troutman Pepper Partner Mike Yaghi is joined by Brooke Hopkins and Rob Sayegh from Alvarez & Marsal. They dive into the growing importance of ESG, particularly in Europe, where stringent regulations like the Corporate Sustainability Reporting Directive (CSRD) are being implemented. The discussion contrasts this with the ongoing political debate in the U.S., highlighting the need for companies to prepare for upcoming ESG requirements by 2026.
Brooke and Rob discuss the need to weave ESG into corporate governance, the hurdles of tracking and reporting, and the risks of fines and brand damage for noncompliance. They share practical tips on navigating the changing ESG landscape, emphasizing the importance of strong compliance programs and staying ahead of regulatory changes.
Transcript: Navigating ESG: The Growing Importance and Compliance Challenges (Part One) (PDF)