Building the Sustainable Law Firm: Developing and Implementing an ESG Strategy

Author: Robert van Beemen; Sophie Boyer Chammard
Publisher: Globe Law and Business
ISBN: 9781787428072
Published In: June 2022
Format: Paperback , 143 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: RM877.50

RM851.18 Save RM26.33 (3%)

Download Order Form

Add to Wishlist
| Add to Compare

Description
Contents

Details

With continued pressure from human rights organisations and socially conscious shareholders, investors, clients and employees, there is little doubt that every law firm must have environmental, social and governance (ESG) issues at the core of its business strategy.

However, the implementation of an ESG strategy should not be a box-ticking exercise; rather, it requires firm-wide commitment and involves the full integration of ESG criteria into the strategy, operations and ethos of the firm, in relation to both the firm itself and its dealings with clients.

Increased regulation, stronger business ethics and attitudes to climate change, environmental protection, employment standards, sustainable finance, risk and governance, community engagement, corruption and human rights are evolving at an unprecedented rate. As a result, the development of robust, long-term ESG initiatives in these areas can provide law firms with manifold benefits, including the opportunity to:

gain competitive advantage;
retain their license to operate;
make cost savings due to operational improvements;
attract, engage and retain clients and employees;
increase value and service offerings to clients through advising them on their own sustainability transformation; and
enter new markets.

This Special Report looks at the business drivers for sustainability in law firms and offers a practical toolkit to guide law firms on their ESG journey. It will make essential reading for all lawyers, law firm leaders and management teams who are involved in implementing sustainability strategies at both a firm and practice group level.

Introduction: The obvious link between business success and social and environmental consciousness

Part 1. What is ESG?

I. The 17 SDGs and the business drivers behind the SDGs

II. Trends and developments

III. The SDGs and the professional services industry, including the legal sector

IV. The business case for ESG/sustainability in law firms

Part 2. The different elements of an ESG strategy

I. Purpose, values and culture

II. Strategy, positioning, differentiating

III. Clients and practices

• Sectors and client’s business

• ESG practices