Daily Practice

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Sustainability Reports Are Getting Longer – Is That a Good Thing?

As I get older, my motto has been “less is more.” That certainly works for a mindful lifestyle. And it also works for pickleball, as one learns to hit the ball softly and place it cleanly rather than banging away at it to earn points. Although there is a broad range of length for sustainability reports, Teneo reports that, among larger companies, the length of …

The ‘ESG’ Acronym Is Less Popular – Does It Matter?

It’s clear that over the past few years, investors have tweaked their voting policies to tone down use of the term “ESG.” And it’s also clear that more and more companies are changing the title of their reports relating to ESG issues to another term, with the most popular one being “Sustainability.” Other notable titles are “Growth and Impact” and “Corporate Social Responsibility.” Not to …

Large Companies Are Now Living in a Double Materiality World: What About Smaller Companies?

With most S&P 500 companies well underway on their CSRD materiality assessments, it’s not surprising that there is a fast-growing number of them that have completed – or are in the process of completing – “double” materiality assessments. Cooley’s Michael Mencher notes that smaller companies are less likely to be on this path if they’re not subject to the CSRD, and their references to a …

What Does a Shareholder Engagement Program Look Like?

Continuing on with our “shareholder engagement” series of blogs, you need an organized set of engagement procedures with priorities and the ability to call on internal cross-department coordination – and director participation – when needed, depending on what is on the engagement agenda. Some companies have a written shareholder engagement policy to memorialize their processes and procedures and help set the company’s ground rules. You …

Challenges in Meeting 2030 Climate Goals? What To Do Now

I was talking to Cooley’s Beth Sasfai and Michael Mencher about the challenges many companies are facing with ambitious climate goals that no longer seem realistic. Here’s what Beth and Michael told me (also see them in this 3-minute video with Emma Bichet about the same topic): Maybe you set 2030 targets way back in 2019 or 2020 – or recently set targets to meet …