Christopher Gribbin, Associate, and Matthew Ewens, Partner, in Mishcon de Reya’s White Collar Crime & Investigations Group, have published an article entitled “Supply chain risks and ESG compliance,” in Sustainable Views, an online ESG expert platform.
The article considers whether the introduction of a compliance-related approach to financial crime enforcement will also likely be applied to ESG concerns, with reference to situations where liability is triggered far down a supply chain.
Noting how companies may avoid prosecution for financial compliance offences if they can demonstrate mitigation of such risks, Christopher and Matthew discuss whether this culture of compliance will extend to ESG matters.
“While in ESG the legal imperative might be less obvious, the commercial imperative is much clearer,” the article notes, yet while” financial crime is measured against straightforward compliance frameworks, the same is not true for ESG factors.”
Read the full article here.