ESG

Unlocking Success: 5 Essential Insights on Vietnam’s ESG Laws to Protect Your Business and Boost Your Reputation

by

HANOI, Vietnam — As businesses navigate a rapidly changing global landscape, understanding environmental, social, and governance (ESG) laws has become increasingly vital. Companies in Vietnam are facing heightened scrutiny regarding their ESG practices, affecting their reputations and operational success. Vietnam has made significant strides in implementing ESG regulations to align with international standards. This shift is essential for fostering transparency and accountability within the business sector. Corporations operating in Vietnam should prioritize compliance to not only meet legal obligations but also to build trust with consumers and investors. Investors are increasingly assessing companies based on … Read more

Nebraska Attorney General Takes on Major Investors Over ESG Policies in New Antitrust Legal Challenge

by

Lincoln, NE — Nebraska Attorney General Mike Hilgers announced his office’s participation in a broad antitrust lawsuit targeting several prominent institutional investors. The lawsuit accuses these firms of violating competition laws through their environmental, social, and governance (ESG) commitments in the investment of private prison companies and for-profit immigration detention centers. The legal action, which encompasses nine other U.S. states, asserts that these investors use their substantial ESG commitments to manipulate the market, reduce competition, and ultimately elevate operational costs that affect the detention centers and prison facilities. This problematic approach is claimed to not … Read more

Top Legal Minds Converge to Discuss Future of Environmental Law and ESG Trends in 2024 Gibson Dunn Webcast

by

Washington, D.C. – Legal experts from Gibson, Dunn & Crutcher’s Environmental Litigation and Mass Tort, and Environmental, Social, and Governance (ESG) practice areas are set to host an enlightening webcast to discuss the latest developments in federal and California environmental law. The event, scheduled for February 27, 2024, aims to provide attendees with insights into the ongoing and anticipated regulatory changes, enforcement priorities, and the dynamic ESG landscape that could impact various industries throughout the year. Presented by a team of recognized leaders in the field, the webcast will feature panelists such as David Fotouhi, … Read more

American Airlines Faces Class-Action Lawsuit Over ESG Investments in Employee 401(k) Plans

by

DALLAS — A high-stakes lawsuit filed against American Airlines could potentially reshape employer practices around the use of ESG (environmental, social, and governance) funds in retirement saving strategies. The class-action case, filed by employees who object to the incorporation of ERE funds in their 401(k) plans, targets what the plaintiffs describe as the prioritizing of “leftist political agendas” in investment decisions. The lawsuit emerged from a pilot’s allegation that American Airlines neglected its duty to prioritize financial returns by choosing funds managed with ESG strategies in mind. Led by pilot Bryan Spence, it implicates some … Read more