April 19, 2021
McGuireWoods London office managing partner Dan Peyton and partner Marc Naidoo published the article “How to incentivise senior management to achieve ESG goals” in Global Banking & Finance Review on April 15, 2021.
In the article, Peyton and Naidoo framed how corporate practices once deemed acceptable and profitable are being scrutinized through the lens of environmental, social and governance (ESG) criteria and what companies need to do to rebuild the fundamentals from the ground up.
Corporations are evaluated on their approach to business dealings and scrutinized on their internal behaviors and protocols. In the context of debt finance, there also is the added layer of regulation.
Peyton and Naidoo said, “The tenants of sustainable finance are: do good, but also do no harm. This, coupled with the backdrop of the United Nations Sustainable Development Goals, provides a more than adequate barometer of how sustainable financing transactions are.”