ESG and Sustainability: The Board’s Role

by David M. Silk, David A. Katz, and Sabastian V. Niles, Wachtell, Lipton, Rosen & Katz, on Friday, June 29, 2018 
Editor's Note: David M. Silk, David A. Katz, and Sabastian V. Niles are partners at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell Lipton memorandum by Mr. Silk, Mr. Katz, Mr. Niles, and Carmen X. W. Lu.
Related research from the Program on Corporate Governance includes Socially Responsible Firms by Alan Ferrell (discussed on the Forum here).
In light of evolving—and sometimes actively debated—perspectives on the role of public companies with respect to sustainability, corporate social responsibility and other ESG matters (e.g., Barron’s recent report on Sustainable Investing), we are providing a high-level overview of how boards of directors and senior management teams may wish to approach these issues.