Photo by Christopher Burns on Unsplash
In this blog post, it features Lexology's released article on December 20 with the question: "The future of legal, compliance and ESG departments in the company - are internal structures now coming together?" As there is an increase on the importance of sustainability and ESG, companies are concerned whether or not that they must be given the responsibility to address the issues in the compliance management systems or create a new department.
It summarizes the perspectives of different companies and recommendations for action to achieve favorable approaches for the compliance department. We encourage reading the full-length article which enlightens on the new ESG function and connect with TCFS & Associates for reassurance in abiding compliance and regulatory requirements in the future.
Link to Lexology's article:
https://www.lexology.com/library/detail.aspx?g=1a2ab8fc-0ccf-46d1-b4c5-4f6dbf40de0b