Today's General Counsel, April 2021

Page 18

FEATURE

2021 Will Be a Year of ESG Activism By  WILLIAM P. FISKE

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any companies have faced increased investor scrutiny on environmental, social and governance (ESG) issues in the last few years, but investor activist campaigns related to ESG accountability are

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still relatively uncommon. As an example of what may be coming, during 2020 the Children’s Investment Fund Foundation, a UKbased activist investor, called for action at three banks to end the financing of coal fuel projects.

Many large institutional investors continue to expect companies to quantify and report on how they meet investors’ enhanced ESG disclosure expectations. However, some activists believe additional disclosure provides a unique opBACK TO CONTENTS


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