Lydian & ACC Webinar: "The impact of ESG rules and obligations on directors' liability: real concern or much ado about nothing?"
Environmental, social and governance (ESG) considerations and practices are quickly becoming an integral part of corporate policy for companies in the EU. This is largely due to the ESG regulatory initiatives introduced by the EU in recent years.
One of the potential ramifications of increased ESG regulation is that failure to comply with ESG obligations may not only impose liability on companies, but also on their directors. This could potentially lead to significant legal and financial repercussions. As a result, ESG compliance will be at the forefront of the challenges faced by companies and their directors in the EU.
Yesterday, Lydian, in partnership with the Association of Corporate Counsel (ACC), hosted a webinar on this topic, which drew the participation of nearly 250 registered legal counsels and practitioners. Our experts Jo Willems, Nik Vanheer and Bruno Jean-Etienne gave all legal counsels and practitioners a proper understanding of the current and upcoming ESG obligations in the EU and the potential impact of non-compliance on directors' liability, as well as guidance on how to adequately address these risks now and in the future. This was mainly done from a Belgian and European law perspective.
Many thanks to all participants!
Please feel free to contact our speakers with any specific questions you may have.