This article by The Uncertain Solicitor examines the phenomenon of $20 million salaries for top lawyers, critiquing it as a symbol of systemic economic and environmental imbalance. It argues that such high earnings reflect and exacerbate unsustainable practices contributing to climate change and societal inequality.
This article by Impact Entrepreneur discusses the limitations of “two-pocket thinking,” in business and the importance of ethical leadership and advocates for a holistic perspective that prioritises integrity and accountability.
Law’s vital role in combating climate change is hindered by practices fuelling self-termination. Bates Wells’ David Hunter explores how lawyers can use their imagination and agency to reshape legal frameworks for a sustainable future.
This profile describes the legal benefit corporation framework, distinguishes it from the B Corp business certification, and summarizes the journey of United Therapeutics towards and beyond corporate conversion in order to further its sustainability goals.
This article by The Uncertain Solicitor illustrates how many significant voices are expressing opinions about the need for new ways to engage with the world around us and identifies roles for lawyers in bringing these individual interventions into a coherent and compelling new narrative.
In the evolving global ESG landscape, the European Union stands at the forefront, pioneering a set of regulations reshaping how companies worldwide approach sustainability and social responsibility. Paola Fonseca and Roberto Randazzo illuminate the path for businesses navigating the complex terrain of global ESG implications.
The third edition of the Impact Lawyers Journal features articles on Sharing Responsibility for Sustainable Supply Chains under the European Union Deforestation-free Regulation; impact law updates from China and Japan, APAC perspectives on impact approaches in PE and VC, and much more.
BLab recently released its draft of the proposed standards for B Corp Certification. This article, published in B The Change, discusses the proposed standards concerning the human rights topic and how companies can incorporate specific contractual arrangements to establish a framework for reducing human rights abuses in supply chains.
In this blogpost, VIVA Idea describe some of the work being undertaken to identify the legal and regulatory challenges to the impact investment ecosystem in Latin America.
A common question we hear from founders is: how can they ensure the longevity of their business’ mission? Dutch B Corp confectionary company Tony’s Chocolonely recently announced its use of a ‘golden share’ model to protect its mission. Bates Wells consider the benefits of a golden share model for purpose-driven businesses.