How lawyers are cleaning up supply chains
Amid greater scrutiny of supplier practices, general counsel are helping companies reach sustainability goals
Multinationals are digging deeper into the legal plumbing of their own organisations to maximise their sustainability credentials and meet climate or social pledges. As organisations reassess their supplier networks in order to fulfil environmental, social and governance (ESG) commitments, in-house lawyers can play an important role in helping to hit these targets by renegotiating supplier contracts and managing regulatory compliance.
“Supply chains have been pulled closer to the centre of corporate sustainability commitments,” says Daniel D’Ambrosio, a senior associate at law firm DLA Piper. That means the legal department needs to be involved in procurement and the reporting and disclosure process, to help further ESG aims, he explains.
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