In The News

As Investor Activism Grows, So Do ESG Practice Groups

Law360

19 Nov 2020

Suz Mac Cormac spoke to Law360 for an article covering the growing trend of law firms focusing on environmental, social, and governance services (ESG) practice groups to meet the increased pressure that companies face from shareholder activism.

According to Suz, who started working on ESG issues on a pro bono basis in 2001 before starting a formal ESG practice group in 2009, the work was initially seen as a trade-off that couldn’t make money or be integrated into other areas, but the atmosphere surrounding ESG has accelerated in the last five years.

“Now I think…the question is, ‘Are you breaching your duties if you don’t?’ and…we’re advising [mainstream clients] that they should be considering these issues from a company perspective or from an investor perspective,” Suz said.

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