Knowing what you don’t know is half the battle when you are tasked with leading, managing or monitoring your organization’s response to ESG. The regulatory landscape isn’t the same everywhere, so when you’ve understood your legal baseline and approach for one market, don’t assume it will be the same elsewhere.  And critically, don’t forget about your financing requirements when addressing ESG. Given the amount of focus on ESG from sources of finance, and from stock exchanges, you will need to have a plan of action if refinancing is on the horizon in two years plus. To help you identify how mature your organization’s ESG response is, see how easily you can robustly answer the five questions below:

1. What is your organization’s ESG strategy?
2. Who has responsibility for making the ESG strategy a reality and how does the Board have oversight and monitor?
3. What is the cost, risk and opportunity associated with the ESG agenda for your organization? Are you aware of the laws and liabilities for the company and the board associated with ESG?
4. How are you measuring the impact of your ESG strategy?
5. How are you reporting or communicating your ESG strategy to stakeholders?

Dentons cross-border, cross-practice teams can help you address all of the above and more.  For a global perspective on your ESG approach, email *Dentons.AskESG

Delve deeper

Getting from E to G – a checklist for creating your ESG strategy

Global answers – ESG isn’t the same everywhere

Employment and ESG – five reasons why it matters