The report analyzed board committee charters at S&P 100
firms and found that only 65 companies in the S&P 100 have
board committees with some level of responsibility for oversight of
corporate responsibility concerns. One of the most notable
statistics from the study was the finding that less than 50% of
those 65 boards monitor and provide recommendations on CSR trends
Ultimately, this lack of focus on trends is troubling. Looking
at developments in the CSR field over the previous decades, it is
not hard to see that stakeholder expectations in the areas of
environmental and social standards have often lead to the
developments of new regulations, legislation, and lending
guidelines. As I noted in the article,
Understanding key trends is an
integral component of effective long-term strategy development and
can help ensure that companies have the capacity to respond to
concerns when they arise. Companies regularly seek to identify
trends in consumer preferences and in regulatory environments.
Companies should exercise the same diligence in identifying future
stakeholder expectations with regard to social and environmental
performance. Stakeholder expectations in the area of CSR frequently
ask companies to go "beyond compliance" with existing
legal and regulatory standards. At the same time, these
expectations are often predictive of the future content of legal
and regulatory requirements.
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Foley Hoag will present a 60-minute webinar on Wednesday, January 25, 2017 at 12:30 pm EST offering guidance to in-house counsel on best practices for pharmaceutical and biologics companies in selecting, vetting, and seeking approval for medication product names. The focus will be primarily on the U.S. market, although foreign strategies may be addressed as well.
25 Jan 2017, Seminar, Massachusetts, United States
Please join us on Wednesday, January 25 at the Westin Waltham Hotel for our quarterly New England M&A Forum, which brings the latest in market trends and recent legal developments to the New England M&A professionals' community.
Sellers love them, buyers hate them, but auctions are a mainstay of the M&A landscape. Our panel of experts, led by Foley Hoag partner Bill Kolb, will discuss legal, business and strategic considerations in structuring and participating in auctions from both the buy-side and the sell-side.
On November 9, 2016 Andrew Liazos presented at the New York City Bar. He discussed innovative approaches used by public companies during the 2016 proxy season for disclosing executive compensation practices.
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