With continued focus and scrutiny of Environmental, Social, and Governance (ESG) by governmental authorities, investors, customers, standards bodies, and other stakeholders, our clients are seeking advice and counsel to understand and navigate ESG issues, opportunities and legal risk.
Although the focus on ESG may be greater than ever before, the components that make up ESG are not new. Steptoe lawyers have been advising on governance structures and helping clients manage environmental and societal risks, for many years.
As a firm with a longstanding reputation for solving complex regulatory matters, interacting with and reporting to governmental agencies, internal auditing and investigations, and advising on preventative international corporate compliance, we are particularly well placed to assist clients to respond with confidence to this new challenge, helping clients to manage the legal risks and maximize the opportunities that arise.
Our cross-border and cross-practice group team supports clients in the entire ESG journey. We have the capability to:
- Assist clients in conducting ESG assessments to identify the ESG factors most important and relevant to their business
- Review clients' existing ESG reporting and marketing materials (e.g., annual ESG or sustainability reports, modern slavery statements, supplier codes of conduct) to identify potential risks and areas for refinement
- Develop compliance and reporting processes
- Advise on new proposed mandatory disclosure obligations for climate, cybersecurity, and other ESG-related information
- Counsel on voluntary ESG disclosures and statements to the market, customers, and stakeholders
- Advise on compliance (and related advocacy, as appropriate) with regard to ESG-related proposals, laws, regulations, trade agreement text, and other instruments affecting supply chains, including border measures, emissions trading schemes, tax credits, anti-forced labor policies, standards, anti-deforestation measures, procurement policy, and supply chain sustainability due diligence measures
- Conduct due diligence assessments of corporate supply chains, and provide advice on how to reduce risk, and improve security, sustainability, and resilience
- Defend against "greenwashing" and securities law claims, and provide advice to clients to reduce litigation risk ex ante
- Advise on ESG-driven regulatory investigations and congressional inquiries
- Assist clients on compliance with antitrust laws while entering in any sustainability-focused co-operation agreements
Steptoe lawyers have experience in a wide range of ESG factors including:
- Climate change risk management, decarbonization programs and greenhouse gas emissions reporting
- Environmental impact on communities and environmental justice
- Water resource use, scarcity and quality
- Hazardous materials and sustainable chemistries
- Resource use, safe and sustainable products, advertising claims, and the circular economy
- Board structure, composition and executive compensation
- Data privacy and cybersecurity
- Risk management (including management of ESG risks)
- Stockholder rights
- Corporate reporting and mandatory ESG disclosures
Representative Matters
Environmental Compliance, Including Mitigating Greenwashing Threats
- Representing numerous clients in the chemicals sector in regulatory engagements on the sustainability of their chemistries, advocating a science-led approach to sustainable chemistry.
- Advising on contracting structures for carbon reduction and corporate offsetting projects.
- Counselling brands and retailers on green claims for products; successfully defending the developer of a new recycling technology from an investigation into 'greenwashing' for 'recycling' claims.
Greenhouse Emissions/CBAM
- Representing a global manufacturing business on its engagement with governmental authorities for errors discovered in the calculation and mandatory reporting of greenhouse gas emissions.
- Advising an energy client on exposure to climate change risk from the supply chain and supporting a review of supply chain greenhouse gas emissions.
- Providing legal support for companies seeking market access for clean technologies and sustainable products, including greener fuels, alternative refrigerant gases, and recycled materials.
- Advising on contracting structures for carbon reduction and corporate offsetting projects.
- Assisting one of the top 50 largest private companies in the US in conducting an ESG assessment focused on greenhouse gas (GHG) emissions.
- Provided a Fortune 50 company a trade and climate analysis with respect to four countries to enable the client to select the optimal suppliers for its steel and aluminum needs in the US. The analysis covered Paris Agreement commitments, current and projected climate-related regulatory regimes, the carbon intensity of steel and aluminum production processes, and geopolitical factors.
- Assisted a large company in the renewable energy sector in development and execution a legal, policy and advocacy strategy to strengthen their low carbon US supply chain and promote re-shoring and friend-shoring.
- Provided a government with a comprehensive analysis on possible U.S. legislative and regulatory climate measures, including: likely components of such measures; a comparison of the measures on a host of factors, such as WTO consistency, administrability, and likely trade impacts; potential pathways to enactment; the politics of climate in the United States; and options to mitigate the possible impacts.
Employment-Related Audits
- Conducting an assessment for a global financial institution on workplace culture issues.
- Representing clients in connection with audits and investigations by US regulators into alleged hiring discrimination.
Forced Labor
- Advised a major US retailer on forced labor compliance, XUAR-related WROs, detention risks, related sanctions and export control risks, and the Uyghur Forced Labor Prevention Act (UFLPA).
- Advised a multinational conglomerate of cross-industry luxury brands on forced labor compliance, including civil and criminal penalties under Section 307 and related statutes and implementing regulations, as well as under trade controls and sanctions regulations.
- Advised a government client on forced labor considerations, including criteria for designation, options for challenging a designation, and methodology for securing release of goods that have been withheld.
- Assisted a fashion group in relation to EU supply chain due diligence initiatives and EU guidelines for voluntary measures in this context, specifically focused on forced labor issues.
- Drafted and reviewed forced labor certifications and supplier questionnaires.
- Advised a large manufacturer to help document the absence of forced labor in a company's supply chain.
ESG-Driven Litigation
- Defended numerous clients in individual and class action litigation alleging greenwashing.
News & Publications
Stepwise Risk Outlook
EU’s ESG Retreat Takes Hold amid Global Headwinds
April 9, 2025
By: Anni Coonan
Stepwise Risk Outlook
Carbon Removal on the Rise amid US Sustainability Sector Disruptions
March 28, 2025
By: Anni Coonan
Client Alerts
Strategies for Staying Ahead: Key Insights on Congressional Investigations in 2025
March 17, 2025
Press Releases
March 5, 2025
Stepwise Risk Outlook
Resource Nationalism in the Coup Belt: Rising Risks for Global Supply Chains
February 28, 2025
By: Anni Coonan
Client Alerts
February 27, 2025
Publications
Utilities and Pipelines – Diversification into Non-Traditional Businesses
Financier Worldwide
January 2025
By: Shaun Boedicker, Jennifer Quinn-Barabanov, Chris D. Zentz
Client Alerts
Regulatory Landscape in the EU and the UK: Key Considerations for 2025
January 16, 2025
By: Darren Abrahams, Renato Antonini, Ruxandra Cana, Anne-Gabrielle Haie, Leigh Mallon, Alexandra Melia, Eva Monard, Eléonore Mullier, Zoe Osborne, Ronan Scanlan, Guy Soussan, Charles Whiddington, Elisabethann Wright, Byron Maniatis, Yongqing Bao, Tom Gillett, Elli Zachari, Algirdas Semeta, Maria Salomé Bustos Mesa
Martina Scassini
Press Releases
Claire Rajan Joins Steptoe, Amplifying Strength in Investigations and Government Affairs
January 14, 2025
Events
Webinars
EU Omnibus Proposal: Proposed Changes to the Sustainability Requirements
March 27, 2025
Speakers: Ruxandra Cana, Jonathan C. Drimmer, Eléonore Mullier
Webinars
Consumer Protection Regulation in 2025
December 11, 2024
Speakers: Akita Adkins, Daniel Blynn, Lee Berger, Eric Berman, Michelle Kallen, Benjamin M. Saul
Seminars & Events
Advertising and Consumer Protection Legal Forum
May 9, 2024
Speakers: Joan Baughan, Eric Berman, Daniel Blynn, Ruxandra Cana, Christopher R. Fredrich, Surya Kundu, Joseph McClure, Stephen J. Newman, Jeff Potts, Jennifer Quinn-Barabanov, Daniel C. Rubenstein, Julia B. Strickland
Webinars
How to Tell Your Sustainability Story Without Greenwashing—or Greenhushing All Together
October 25, 2023
Speaker: Eric Berman
Seminars & Events
Global Trade and Enforcement Symposium in Hong Kong
June 1, 2023
Speakers: Renato Antonini, Yongqing Bao, Brigida Benitez, Brian G. Burke, Ali Burney, Henry Cao, John Caracappa, Boyd Cloern, Robyn C. Crowther, Brian J. Fleming, Coy Garrison, Zoey Hong, Stanley C. Kuo, Amy J. Lentz, Michelle L. Levin, Patrick F. Linehan, Jamie Lucia, Alexandra Melia, Cáitrín McKiernan, Eva Monard, Darryl Nirenberg, Gwendolyn Prothro Renigar, Angus Rodger, Guy Soussan, David M. Stetson, Grace Wang, Philip R. West, Charles Whiddington, Wendy Wysong, Lin Yang, Bo Yue, Wilson Zhao
Webinars
Federal Reshoring Initiatives in the US
December 15, 2022
Speakers: Paul R. Hurst, Jeffrey G. Weiss, Lisa M. Zarlenga
Webinars
Forced Labor Initiatives in the US and EU
October 13, 2022
Speakers: Byron Maniatis, Eva Monard, Jeffrey G. Weiss