Less than one-fifth of global corporate legal departments in a recent survey reported heavy involvement with environmental, social, and governance compliance, though three-quarters said they had been extremely involved in drafting their companies’ ESG strategy.
The joint survey by law firm Morrison Foerster and publisher Corporate Counsel polled 79 global, in-house counsel regarding legal department involvement in ESG policies, which have become increasingly important to stakeholders and investors. Respondents included general counsel, chief legal officers, and vice presidents of legal at companies whose departments consisted of one to more than 60 attorneys.
