Debevoise & Plimpton LLP
Climate Impact & Sustainability Data (2023, up to January 2021)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Human Rights
- Environmental Protection
- Corporate Governance
- Supply Chain Due Diligence
- Gender Diversity
Climate Goals & Targets
Environmental Challenges
- Collection of reliable ESG data
- Difficulties in applying ESG laws due to lack of clarification
- Varying timelines for implementing relevant ESG regulations
- Potential increase in greenwashing
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: up to January 2021
Environmental Metrics
ESG Focus Areas
- Business and Human Rights
Climate Goals & Targets
Environmental Challenges
- Limited use of UNGPs in judicial decisions.
- Limited access to court decisions in certain jurisdictions.
- Challenges in ensuring access to remedy for victims of business-related human rights abuse (e.g., limited physical access to courts, low prosecution rates, high litigation costs, threats to human rights defenders, limited capacity of administrative tribunals).
Mitigation Strategies
- Increased references to UNGPs in legislation and regulation are expected to lead to more frequent appearances in judicial decisions.
- Increased use of UNGPs by international bodies and tribunals will likely have a trickle-down effect on States and domestic decision-makers.
- States are encouraged to adopt measures to increase access to remedy (e.g., promote ADR, provide training to judicial bodies, improve access to information and legal aid).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: OECD Guidelines, UNGPs, ILO Conventions, ISO 26000, Equator Principles, IFC Performance Standards, UN Global Compact