Why GCs need to care about ESG with Christine Uri, Founder ESG for In-house Counsel
In this episode
Summary
Introduction: 0:00
- Christine Uri, Founder of ESG for In-house Counsel, joins the podcast.
- Previously worked as Chief Legal Officer and Chief Sustainability Officer at ENGIE Impact, with more than a decade of experience at companies offering sustainability solutions.
- Christine on taking a half-year break before founding her own consulting business.
What are sustainability solutions?: 4:03
- On offering services that focus on sustainability, climate, and energy.
- Seeing the climate as one of the least sustainable things in the world.
- Helping corporations offer climate solutions.
- Seeing ESG grow from a voluntary program to a requirement.
The difference between Corporate Social Responsibility and Environmental, Social, and Governance: 7:36
- Christine on corporations being responsible citizens.
- Developing a verifiable and comparable system to share with investors.
- Dealing with anti-ESG backlash.
Why she decided to launch a consulting company?: 10:09
- Christine on publishing about ESG on LinkedIn.
- Offering practical steps on how GCs can advocate to their companies.
- Seeing an opportunity to grow and help more companies.
Why should ESG matter to in-house counsels?: 11:59
- Christine on ESG requirements for private companies.
- Offering services to companies based in Europe.
- Dealing with ESG client requests.
- Answering to private equity.
- Disclosing requirements for public company general counsels.
Explaining why “ESG is the new privacy:” 15:28
- Christine on how GDPR affected US companies in 2015.
- Realizing that global privacy regulation can’t be avoided.
- Comparing the GDPR to ESG,
How GCs can advocate for adopting ESG practices: 20:11
- Leading with financial benefits.
- Offering proof that ESG will improve the business overall.
- Making it clear that sustainability isn’t going away.
- Deciding whether or not to advertise your ESG work.
- Letting the numbers do the talking.
Is ESG relevant at the board level?: 24:40
- Christine on ESG as “a new frontier of fiduciary duties.”
- Managing material risks to the companies.
- Going beyond environmental and social causes.
- Offering ESG training to board members.
Why ESG has become politicized in the United States: 26:52
- Christine on why Republicans have targeted ESG.
- Why ESG are a smart business choice and unrelated to the government.
- Companies sharing less information on ESG but maintaining their commitments.
- Dealing with the cost of rolling back on ESG.
- Understanding that ESG benefit businesses.
What ESG for In-house Counsel offers: 30:43
- Christine on her consulting company’s services.
- Assessing her clients’ targeted needs.
- Developing strategic items that require long-term investment.
- Dealing with issues like AI governance.
How to advocate for ESG at your company: 33:50
- Christine on useful readings to share with your executives.
- Volunteering to take it on yourself.
- Running into budget issues.
- Selling ESG as a smart financial decision.
Rapid-fire questions: 36:50
- Christine’s favorite part of the day-to-day.
- Professional pet peeves.
Book recommendations: 38:29
- ESG Mindset: Business Resilience and Sustainable Growth by Matthew Sekol
- The Story of Edgar Sawtelle by David Wroblewski
What Christine wishes she’d known as a young lawyer: 40:02
- Christine on emphasizing relationships
- Requiring all of her new hires to build relationships in their first 90 days.