Why is ESG important to Gowling WLG, and how can lawyers proactively promote ESG best practices in the commercial world? (350 words)
I've been struggling with this question for a couple of days now. I decided to approach it from a client perspective, saying ESG has become increasingly important in business as it has evolved from a minor aspect to a key part of business strategy, including areas like operations, risk management, and managing employees. And obviously, it is important for Gowling because the firm needs to advise its clients on best practices.
Then in the second part of the question, I explain that lawyers should be proactive in advising on ESG matters and use their expertise in strategic thinking and risk assessment to help companies navigate the ESG landscape, ensuring compliance and spotting opportunities.
But I feel it's a bit generic as a response, can someone help me with this? I'm considering picking a specific practice area in order to be more specific with my answer, and consider how can lawyers promote best practices in that particular area. Or even focus on one of the ESG elements, such as the Environmental part.