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[author: Charity Heller]
Ten years ago, issues of corporate social responsibility (CSR) – such as measuring carbon footprints, socially responsive company policies, or ethical supply chains – might have been championed by activist employees or customers, but they were not a business objective for most organizations.
What a difference a decade has made! Social change, advances in technology, and the ability to prove ROI have elevated issues of environmental, social, and governance (“ESG”). These are now hot topics in the boardroom and increasingly a requirement for investors, employees, and customers.
Ten years ago, ESG was a grassroots initiative. Today, it is top-down.
On January 14, 2021, Laurel Hill Advisory Group
(
Laurel Hill ) and Fasken hosted a
webinar on ESG (environmental, social and governance)
considerations of which companies should be aware for the upcoming
2021 proxy season. The webinar s panelists were David Salmon of
Laurel Hill and Emilie Bundock, Stephen Erlichman and Grant
McGlaughlin of Fasken and was moderated by Gordon Raman of Fasken.
Set out below are some of the comments made by the speakers on the
webinar.
Background
The importance of ESG considerations in today s corporate
governance model has developed over the past 50 years. In the early
1970 s the Milton Friedman view of corporations was the
Exclusive from Dr. Raymond A. Keller’s Venus Files: Original artwork for cover of UFO Education Center’s Cosmic Newsletter, Issue #13, February 1973, as prepared by Charlotte Blob, the Center Director, on 31 January 1973. Dr. Keller has a complete set of the Cosmic Newsletter in addition to much of the correspondence from the Appleton, Wisconsin, headquarters of the UFO Education Center in his vast archives which are stored in a temperature-controlled storage area in the backwoods of West Virginia.
“Mythology in Embryo”
When the Swiss psychologist Carl Gustav Jung finished his groundbreaking work on the UFO enigma, Flying Saucers: A Modern Myth of Things Seen in the Sky (Brooklyn, New York: Harcourt, Brace and Company, 1959), he did not totally discount the physical realities of the phenomenon but emphasized the psychological and religious factors inherent in the sightings and alleged contacts with extraterrestrial occupants, especially those manifesting “angelic�