Women take on more ‘non-promotable work’ than men

Here’s a note from Bruno Navarro about this Fortune article: Quite a shocking statistic, according to the authors of a new book, “The No Club: Putting a Stop to Women’s Dead-End Work”: They found that women are 44% more likely to be asked by male managers to perform non-promotable tasks, and 50% more likely to…

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What worries general counsels most about sustainability?

As noted in this “Above the Law” blog, Ernst & Young’s EY Law group and the Harvard Law School Center on the Legal Profession interviewed 1,000 General Counsel and Chief Legal Officers and in response to the question about “how concerned are you about the risks caused by sustainability?”, the top responses were: 1. Loss…

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How oil & gas M&A risks could hamper the energy transition

Here’s a note from Gabriel Malek about this research: If you’ve spoken to me over the last few months, chances are you’ve heard me mention the “transferred emissions” problem. With oil and gas majors embarking on the energy transition, assets are moving from public companies with climate commitments and disclosure to private companies that lack…

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Sustainability as a profound moral challenge

Here’s a note from Duncan Austin: Maybe the difficult truth is that sustainability just is not much of a market opportunity, but rather a profound moral challenge. And perhaps the increasingly desperate insistence that sustainability be a market opportunity is merely the means to fend off acceptance of the moral obligation. It is becoming too…

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Deconstructing ESG scores: How to invest with your own criteria

Here’s a note from Roy Choudhury about this paper: BIS Working Paper series “Deconstructing ESG scores: How to invest with your own criteria” is an excellent paper that outlines the key challenges in implementing investment strategies based on ESG scores which are an amalgamation of broad range of fundamentally different factors. – Many institutional investors…

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How do the proposed climate disclosure rules differ between the US & Europe?

This Brookings Institution article from Addisu Lashitew illustrates the differences between the proposed climate rules in the United States and Europe. Here’s an excerpt: The EU’s CSRD applies what is called “double materiality” principle, requiring companies to disclose information that is material for investors as well as for other societal stakeholders and the environment. The…

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Should you create a standalone E&S board committee?

Here’s an excerpt of a blog that I wrote for Perkins Coie’s PublicChatter.com yesterday: Given the heightened interest in sustainability, in social issues, in workforce issues, some companies have moved oversight of their company’s activities in these areas to a standalone board committee. Is that necessary? Is that overkill? It depends. For many companies, I…

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