Sustainability
Tenured Harvard Business School professor, now at Oxford University.
It’s election day! I know all of you are very busy and hoping very much that you take control of the Senate. I must admit that the polls are looking pretty good for you. I expect you’re lickin’ your chops at the prospects of being back in charge. If you do, it will give you the opportunity to follow through on the letter you sent to 51 law firms, putting them on notice regarding the advice they are providing to their corporate clients regarded the dreaded “ESG.”
You point out that “Although businesses would certainly be wise to lawyer up before undertaking ESG initiatives, your firm has a duty to fully inform clients of the risks they incur by participating in climate cartels and other ill-advised ESG schemes.” I’m sure this letter has certainly gotten their attention. No doubt you benefited by the fact that Senator Cotton is a graduate of Harvard Law School. Full disclosure: I got my Ph.D. in Sociology from Harvard and was a tenured professor at Harvard Business School. Nice to see that the Senator and I have something in common!
Robert G. Eccles of Saïd Business School, University of Oxford is the author of a number of books on integrated reporting, sustainability and the role of business in society. His focus is on sustainability from both a company and investor perspective. Professor Eccles is also involved in a variety of initiatives to embed environmental, social, and governance (ESG) issues in real world decision making. One of these is the Sustainability Accounting Standards Board (SASB), of which he was the founding chairman. In 2018, Professor Eccles was selected by Barron’s as one of the top 20 influencers on ESG investing.
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