Lexpert: Our ESG team discusses balancing concerns and corporate realities of ESG in 2023
Canada | In the media | February 2023
The politics of ESG: balancing concerns and corporate realities of ESG in 2023 | Lexpert
Environmental, social and governance (ESG) issues continue to dominate the corporate world as companies struggle to balance the needs of multiple stakeholders. There is no doubt that ESG has become politicized, and this trend will probably continue during 2023. Companies need to consider that the ESG label and the components that make up ESG have been caught up in an increasingly divisive political and social landscape. This leads to the concern that an ESG-related misstep could lead to financial and reputational harm – at the institutional and personal levels.
In this article, our dedicated ESG team identified nine important themes business leaders and companies need to pay attention to in 2023 to stay ahead of the curve.
- Shareholder Proposals
- Public Company Disclosure
- Insolvency
- Impact Assessment Act
- Cybersecurity
- Project Development Partnerships with Indigenous Groups
- Extended Producer Responsibility: Driving Canada’s Circular Economy
- Modern Slavery Legislation
- Greenwashing
