ESG: politics and policy

We support businesses and investors assess the risks and opportunities associated with the rapidly evolving world of ESG policy and to analyse the public and political expectations that drive it. We have a proven track record in providing strategic advice across a wide range of sectors including financial services, manufacturing, energy, technology, amongst others. We help firms understand the broader reporting environment – the headline choices that policymakers are faced with, and the liabilities that arise for business as a result of these choices.

Our offer helps clients get ahead of policy and regulation to take up market leadership through:

  • Strategic planning for ESG policy evolution
  • Evidence building and communications on ESG performance
  • ESG due diligence for investors and acquirors
  • Corporate resilience planning for changes in ESG audit or liability
  • Policymaker engagement and advocacy

Contact us here if you would like to receive our ESG prospectus.

Team

Insights

Energy and commodities icon

Could rising energy prices leave the industry out in the cold?

Energy & Commodities

Frederick Michell
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Energy prices have been rising across the world over the past weeks. Energy prices fluctuations have already occurred in the past, but this time the world is emerging from a global pandemic and high gas and power prices could hamper recovery. End consumers impoverished by covid-19 are now faced with higher bills, and businesses are either pushed out of the market or…

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Morten Petersen MEP: Will Fit for 55 get the EU to net zero?

Energy & Commodities

Tom White
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The Fit for 55 package currently being negotiated sets out much of the legislative backbone that will drive Europe toward net zero. A key challenge that could break the green deal’s success is achieving effective integration of energy systems in transport, industry and power production across the 27-member bloc. Billions of investments are at stake and European operators…

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Does the EU need a revamped critical raw materials strategy?

Energy & Commodities

Giovanni Scomparin
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The ‘Fit for 55’ package released by the European Commission in July will mandate EU member states to boost renewable energy deployment, upgrade the EU clean vehicle charging infrastructure and phase out internal combustion engine vehicles. Reaching these targets will require a sizeable ― indeed unprecedented ― amount of critical raw materials (CRMs). This has already…

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Will regulators use DWS to send a message about overexaggerated ESG claims?

Sustainability

Ben Bassett
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The increase in sustainable fund flows in recent years has rapidly outpaced ESG regulation. Trillions of dollars are now held in products which are marketed as integrating environmental, social and governance issues into their investment process. At the end of the second quarter in 2021, assets held by sustainable funds reached $2.25 trillion, more than tripling since…

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Unpacking the IPCC report

Sustainability

Charley Roberts
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Last week the IPCC released the first part of its sixth assessment report outlining the most up to date evidence on the physical progress of climate change. The headline feature of the report is an even more urgent tone than ever before – the alarming statistics picked up from the report are that warming is happening even faster than expected, and the unprecedented nature…

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Buckle up: the impact of the Fit for 55 package for industry

Energy & Commodities

Tom White
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Three weeks after its release, industry stakeholders and policy makers are reacting to the European Commission's Fit for 55 Package. The set of proposals consists of twelve highly interlinked measures across emissions pricing, transport and energy.

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Summer archive: How can the UK get to net zero? In conversation with Lord Deben

Sustainability

Geoffrey Norris
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This summer, we are revisiting episodes from the Global Counsel podcast archive, looking at what they can tell us about topical developments in public policy and regulation ahead of the autumn. From COP26 to the education system in the US, the GC team offers timeless insight into global and national trends to look out for across sectors and around the world.

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A global ESG reporting standard: where are we, and where are we heading?

Sustainability

Felicity Hall
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Reporting standards and frameworks are a crucial tool for addressing environmental, social and governance (ESG) issues. They help organisations to measure, understand and communicate their exposure to ESG risks and opportunities, promoting transparency with stakeholders and informing strategy. Over the past few years, various guidelines for ESG reporting have emerged,…

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Net zero and health: how public health also depends on fighting climate change

Sustainability

Ermenegilda Boccabella
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Ermenegilda Boccabella, Energy & Climate Adviser; and Dr Harpreet Sood, Health Adviser and practicing clinician, look at the impact of climate change on human health.

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Fit for 55 and the future of European energy companies

Energy & Commodities

Giorgio Corbetta
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The energy companies emerging from the flurry of legislation the European Commission will release on July 14th will be very different from the existing ones. As the energy sector is compelled to reduce its emissions to close to zero by 2050 to achieve the EU net-zero goal, the commission is using its executive power to forge a new model of energy business that better fits…

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The G7 UK Summit: what you need to know

General Policy

Denzil Davidson
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Jon Garvie, Practice lead for Policy; Denzil Davidson, Adviser; and Charley Roberts, Associate, Climate and Sustainability unpack the G7 leader’s summit, which will take place from Friday to Sunday in Carbis Bay, Cornwall.

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A UK CBAM: A new route to net zero?

Sustainability

Lilah Howson-Smith
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When former Trade Secretary Liam Fox announced his full-throated support for a carbon border adjustment mechanism (CBAM) a few weeks ago, it was in many ways surprising that it had taken so long for a senior UK political figure to intervene in a debate that has been live in the EU for years.  

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Can the UK 'go its own way' on energy policy?

Energy & Commodities

Tom White
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Tom White, Director; Ermenegilda Boccabella, Energy and Climate Adviser and Lilah Howson-Smith, Senior Associate discuss the UK's emerging priorities on energy policy after leaving the EU.

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How can the UK get to net zero? In conversation with Lord Deben

Sustainability

Geoffrey Norris
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On an event for the Global Counsel network, Elizabeth Beall, Climate and Sustainability Practice Lead and Geoffrey Norris, Senior Adviser, are joined by Lord Deben, Chair of the UK Committee on Climate Change and Former Secretary of State for the Environment.

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A place for “stranded” assets in the EU’s dual transition

Energy & Commodities

Giorgio Corbetta
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As the EU’s commitment to carbon neutrality by 2050 is enshrined in law, a gap in the bloc’s policy agenda remains a realistic role for fossil-fuel related industries. Almost two decades on from the first use of the term “stranded investments” – investments, such as fossil fuel power generation or transmission, that have already been made but which, prior to the end of…

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Sustainability reporting and disclosure rules: clarity or confusion?

Sustainability

Elizabeth Beall
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A little under two years ago, I wrote about whether the introduction of a ‘green taxonomy’ in the EU would set the stage for a transformation of not just the financial system but how we define sustainability. Over these last two years, the EU has drafted an ever-growing list of regulations aimed at providing guidance for both investors and corporates on i) what can be…

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Postponing the challenge: why the net zero hole in the budget matters

Sustainability

Lilah Howson-Smith
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The UK Chancellor used last week’s budget to signal broad support for a few landmark net zero projects. However, the budget was notably thin on measures designed to mobilise both business and households to deliver this aim. This reflects in part the government’s competing priorities during the pandemic. But does it also suggest that net zero is not as deeply integrated…

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For Biden’s climate plans, now the hard work begins

Sustainability

Ben Bassett
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For those who questioned the sincerity of President Joe Biden’s rhetoric around addressing climate change, his first few weeks in office has likely cast those doubts aside. Biden has signed more executive orders (over 50 as of this writing) than any president before him. The most prominent ones include re-joining the Paris Agreement and revoking the permit for the…

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