A new ECGI working paper on ESG and Director’s Duties

On October 28, 2023, ECGI published a working paper that tackles the responsibilities of directors in meeting an prioritizing a company's interests. In particular, it focuses on the judicial approach to determining if directors have acted in the interests of the company or not, especially if the took ESG (Environmental, Social, and Governance) considerations into account. This paper only focuses on the extend to which company law in common law jurisdictions requires directors to take positive action to pursue ESG interests.