ESG

The world of business is changing.

The market is increasingly demanding accountability and transparency from organisations around their environmental, social and governance commitments. If you are focusing on ESG, we are here to help.

We understand your priorities because we share them. ESG is in our DNA. We were the first UK law firm to certify as a B Corp, cementing our commitment to go beyond profit to have a positive impact on our people, our communities and the environment.

We bring that commitment and expertise to all of our legal advice.

Using the law as a force for good

We believe that law can be a powerful lever to drive positive behaviours. We have a long history of using the law to make a difference. We registered the first charity to have sustainable development recognised as their charitable purpose and collaborated with the UK Government to create the Community Interest Company (CIC), a legal structure now used by over 14,000 organisations operating for the public good.

Today, we’re taking that idea even further. The Bates Wells team provided nearly five years of pro bono support to the challengers of Uber culminating in a Supreme Court decision that drivers for the app should be considered workers. We drafted the Better Business Act, promoting a statutory requirement for all companies to have, as a minimum, a corporate purpose and we’re working to establish the legal precedent that trustees have a duty to divest in fossil fuels, to protect their beneficiaries in the long term from the negative impacts of climate change.

When it comes to your environmental strategy, we can help you to minimise your impact at every level of your operations and throughout your supply chain, from climate-friendly clauses in contracts through to advising on your divestment strategy. We’ve been a carbon neutral firm ourselves since 2019, so in working with us, you’re reducing your supply chain carbon emissions.

Supporting you in delivering social impact is core to our expertise. We’re the leading firm for purposeful businesses, charities and social enterprises. We also advise countless businesses on setting up foundations, charitable partnerships and corporate philanthropy.

Our impact investment experts can also help you to amplify your social and environmental impact through your financial strategy.  And from a transactional perspective, if you are an impact investor or providing development finance in frontier markets, we can ensure that your ESG requirements are duly enshrined in your investment documents and are enforceable.

Good governance is key to the successful delivery of any ESG strategy. You may be considering the best legal structure for your purposeful organisation. Perhaps you want to embed a commitment to a triple bottom line in your governing documents. Or maybe you’re looking to implement policies and procedures that will push your values throughout your organisation – and down your supply chain. We have the legal and regulatory expertise to guide you through.

Get in touch to find out how we can help you.

Explore

Creating a ‘Speak Up’ culture in purpose-driven businesses: The benefits of an effective whistleblowing framework

Bates Wells convenes the Impact Counsels’ Forum, a space for senior counsel working within impact investors, B Corps, and other purpose-driven businesses. The forum discusses the ‘impact angles’ on legal and practical issues faced by in-house legal teams. Recently, the forum explored the benefits an effective whistleblowing framework and how that can support an open …
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Using the law to create change – a new guide for charities and campaigning groups

In partnership with NEON, this new guide explains how your organisation can use the law to create meaningful change. Legal action is rarely enough to drive systemic change on its own, but the law can be a powerful tool for purpose-driven organisations, especially when combined with other tactics within a broader campaign strategy. The guide …
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Purpose & Impact: your roundup | June

Welcome to your roundup – a monthly selection of news hand-picked to keep you up to date with what’s going on for businesses and investors working to create positive impact. In this roundup you can find out what’s new in the B Corp, social enterprise, and impact investing spaces, amongst others, collated under helpful headings. …
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New company guide empowers UK company directors to embed sustainability information in financial reporting

Bates Wells has contributed to a new guide, issued by the True & Fair Project, to support UK company directors who have decided that information relating to sustainability issues is necessary for their accounts to give a true and fair view. ‘Are Your Financial Statements True and Fair?’ underscores directors’ legal obligation to consider sustainability …
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What’s next for UK environmental protection?

On 24 January, the Climate and Nature (CAN) Bill was ‘adjourned’ to 11 July after politicians were denied the opportunity for a ‘free vote’ to advance the Bill to its next stage. Instead, the government has promised that next steps will include binding commitments to advance the CAN Bill’s objectives, including for legislation. We considered …
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Meet our team

We can advise on the full property life cycle and help you to influence sustainability through your building strategy

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