Partners Carl Valenstein and Celia Soehner spoke with Law360 about best practices for companies looking to update or draft their environmental, social, and governance policies. "More so than at any time I've been practicing, we are getting a lot of questions from clients," Celia said.
"What's changing is that, as we see a generational shift in terms of managing money—millennials are more interested in this; women, by and large, are more interested in this—we're seeing boards begin to shift from older, retired, white CEOs who are not really interested in anything other than bottom-line returns for stockholders [to those] showing more of an interest [in ESG issues]," Carl said.