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ESG Gains Momentum: What Lawyers Need To Know Now


May 17, 2021 at 12:06 PM
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Companies, their boards, and regulators are increasingly focused on ESG (environmental, social, and governance) risks and opportunities. If you haven’t been paying attention to developments related to ESG, now is the time to start.
“We began receiving requests from our members for ESG-focused programming a few years ago, as lawyers, compliance professionals, and others saw a need to build their knowledge,” says Seema Lal Meehan, Director, Special Projects and Senior Program Attorney at Practising Law Institute (PLI). The organizer of the upcoming PLI program ESG 2021: What It Means for Boards, Management, and Counsel, Meehan reports that interest in the topic is greater than ever this year, particularly as a growing number of Biglaw and other firms launch ESG-focused practices. ....

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Investors help push Tesco to increase healthy food sales


Investors help push Tesco to increase healthy food sales
May 11 , 2021
A group of investors who had pressured Tesco to provide higher sales of healthy food got their wish this week as the UK retailer announced plans to improve nutritious options in its stores.
Tesco, which had committed to lifting sales of healthy products to 65% at UK stores, promised to carry the commitment to its Booker and Central European businesses, which led to Share Action’s 100-plus investors effectively dropping a proposed resolution at its annual general meeting, according to a Financial Times report.
“Investors are increasingly recognizing the importance of people’s health, including the role that supermarkets play in shaping our diets,” Simon Rawson, Director of Corporate Engagement at ShareAction, said. ....

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