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Rae Lindsay (editor) - Corporate Social Responsibility - Sustainable Business: Environmental, Social and Governance Frameworks for the 21st Century (International Bar Association)

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Rae Lindsay (editor) Corporate Social Responsibility - Sustainable Business: Environmental, Social and Governance Frameworks for the 21st Century (International Bar Association)
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In a dramatic departure from its voluntary origins, corporate social responsibility (CSR) is rapidly shifting to hold multinational companies accountable for more than traditional shareholder performance. This CSR movement is embracing new environmental, social and governance (ESG) frameworks that both promote global sustainability goals and enhance accountability for negative impacts businesses can have on planet and people. This collection of essays by leading businesspeople, international civil servants, legal practitioners, academics, and other experts offers a forward-looking and pragmatic perspective that illuminates the major themes in this movement towards increasingly sustainable, transparent and accountable business practices.

The collection shows how CSR has evolved to account for societal pressures, environmental, climate change and human rights impacts, international policy imperatives and the practical challenges of regulating commercial activity that transcends borders. The chapters offer an in-depth examination of current issues including:

  • international frameworks and multistakeholder initiatives catalysing foundational change;
  • the shifting emphasis on corporate imperatives to avoid harm to third parties;
  • trends in CSR, focused on assuring the planets future sustainability and social stability;
  • regulatory initiatives around the globe, including Europe, North America, Asia and Africa; and
  • extended accountability for activities of corporate group members and supply chains.

The pressure and business case for companies to incorporate CSR into corporate governance is intensifying with each quarter, shareholder meeting, and regulatory agenda. The integration of CSR and new ESG frameworks into multinational corporate strategy and operations is key to sustainable business models that can generate long-term value for the organization and all stakeholders. Their acceptance as cornerstones of 21st century business practice appears inevitable. Taking full account of the imperative for companies and their lawyers to grapple with the practical and legal challenges in this area, this volume is an invaluable and pragmatic addition to the practitioners toolbox at this important juncture in an ever-more dynamic field.

Rae Lindsay (editor): author's other books


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Corporate Social Responsibility, Sustainable Business

International Bar Association Series

VOLUME 27

Introduction, Contents & Editor

In partnership with the International Bar Association, Kluwer Law International publishes a wide variety of books covering various aspects of legal practice and policy. Recent titles cover areas such as corporate governance, directors liability, employment law, and competition law. Each volume is edited by a leading practitioner, with contributions from law firms around the world.

Objective & Readership

Practitioners

The titles published in this series are listed at the end of this volume.

Corporate Social Responsibility Sustainable Business

Environmental, Social and Governance Frameworks for the 21st Century

Edited by
Rae Lindsay
Roger Martella

Published by Kluwer Law International BV PO Box 316 2400 AH Alphen aan den - photo 1

Published by:
Kluwer Law International B.V.
PO Box 316
2400 AH Alphen aan den Rijn
The Netherlands
E-mail:
Website: lrus.wolterskluwer.com

Sold and distributed in North, Central and South America by:
Wolters Kluwer Legal & Regulatory U.S.
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Sold and distributed in all other countries by:
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Rockwood House
Haywards Heath
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RH16 3DH
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ISBN 978-94-035-2222-7

e-Book: ISBN 978-94-035-2230-2
web-PDF: ISBN 978-94-035-2234-0

2020 IBA

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher.

Permission to use this content must be obtained from the copyright owner. More information can be found at: lrus.wolterskluwer.com/policies/permissions-reprints-and-licensing

Editors

Rae Lindsay is a partner in the Litigation & Dispute Resolution practice at Clifford Chance LLP. She co-heads the firms public international law and business and human rights groups. Rae has been admitted to the bars of Alberta, California, New York and Washington D.C., and as a solicitor in England and Wales. Raes focus on business and human rights began in the early 2000s when she practised in the firms New York office, and defended multinational corporations in litigation under the US Alien Tort Claims Act, involving allegations of violations of international law, including international human rights and humanitarian law. Clifford Chance provided pro bono support to the mandate of Professor John Ruggie, the UN Secretary Generals Special Representative on the issue of human rights and transnational corporations and other business enterprises (20052011); and was among the first law firms to establish a business and human rights practice, recognizing the important role of lawyers in implementation of the UN Guiding Principles on Business and Human Rights, endorsed by the UN Human Rights Council in 2011. Rae is recognized by Chambers Global as a leading practitioner in business and human rights law. She advises clients on a broad range of business and human rights-related matters including policy development and implementation, risk management and due diligence, contracts and reporting, impact assessment and investigations, dispute avoidance and resolution, and crisis management. Her client engagements often involve advising on the intersection between soft law standards such as the UN Guiding Principles and principles of public and private international law, and domestic laws. Rae served as Co-Chair of the International Bar Associations Business Human Rights Committee in 2018 and 2019. She is now a member of the Committees Advisory Board. Rae also serves as Treasurer of the British Branch of the International Law Association, as Co-Chair of trustees and International Advisory Council member of the Institute for Human Rights and Business and is a director of the Centre for Sports and Human Rights.

Roger Martella is Director and General Counsel for General Electrics Environment, Health and Safety operations worldwide. Prior to GE, Roger co-led Sidley Austin LLPs global environmental and climate change law practices. Prior to joining Sidley Austin, Martella was General Counsel of the U.S. Environmental Protection Agency, a position for which he was unanimously confirmed by the United States Senate, and the Principal Counsel for Complex Litigation for the Justice Departments Natural Resources Section. Rogers passion is to improve environmental protections and rule of law for vulnerable populations around the world. He is Co-Chair of the International Bar Associations Climate Change Justice and Human Rights Model Statute working group, vice-chair of the American Bar Associations environmental rule of law initiative, which builds upon a treatise on international environmental law he co-edited, and founder of the China-EPA Environmental Law Initiative. Roger is a board member of the Environmental Law Institute and other environmental and climate change advocacy organizations and serves on the council of both the IBAs and ABAs environmental sections. Various legal publications have awarded Roger their top recognitions and halls of fame globally and domestically in the areas of environmental law, energy law, and climate change law. Roger graduated from Vanderbilt Law School, where he was editor in chief of the Vanderbilt Law Review, and Cornell University, where he studied environmental science. Roger participated in this project in his personal capacity, and the views expressed herein are not intended to reflect the views of any current or former employers and clients.

Contributors

Motoko Aizawa is an expert on environmental, social and economic dimensions of sustainability, focusing on policy and legal initiatives that help governments and companies improve their sustainability performance. Ms. Aizawa is President of the Observatory for Sustainable Infrastructure, a research organization that pursues sustainable infrastructure and responsible investment. She served as Managing Director USA of the Institute for Human Rights and Business from 2014 to 2016, following more than two decades at the World Bank Group, serving in various capacities: Sustainability Advisor to the World Banks Sustainable Development Network (2012-2013); IFCs environmental and social policy advisor (2000-2012); and project finance lawyer at the IFC Legal Department (1991-2000). While at IFC, Ms. Aizawa authored the 2006 IFC Performance Standards, and the human rights provisions in the 2012 version of these Standards. She was also instrumental in the creation, dissemination and implementation of the Equator Principles, and collaborated closely with Chinese financial and environmental agencies tasked with the implementation of Chinas Green Credit Policy. Ms. Aizawa began her career as a mergers and acquisitions lawyer at Baker & McKenzie, followed by project financing of infrastructure projects at IFC. She is a Japanese national, residing in the United States.

Michael Burger is the Executive Director of the Sabin Center for Climate Change Law, and a senior research scholar at Columbia Law School, New York. His research and advocacy focus on legal strategies to reduce greenhouse gas emissions and promote climate change adaptation through pollution control, resource management, land use planning and green finance. Burger frequently collaborates with researchers across Columbias Earth Institute, and with local and national environmental groups, government representatives and international organizations. He is a widely published scholar, a frequent speaker at conferences and symposiums and a regular source for media outlets. Prior to joining the Sabin Center in 2015, Burger was an associate professor at Roger Williams University School of Law, Bristol, Rhode Island, an assistant professor in the Lawyering Program at New York University School of Law, New York, and an environmental attorney for New York Citys Office of the Corporation Counsel. He is a graduate of Columbia Law School, New York, and of Brown University, Providence, Rhode Island, and holds a Masters in Fine Arts from the Creative Writing programme at NYU, New York.

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