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In brief

The COVID-19 pandemic has risked stalling the commitment CEOs have shown to environment, social and governance (ESG) matters in the past decade.

Our white paper, Sustainable Success: Exploring Environmental, Social and Governance Priorities for Industrials through COVID-19 and Beyond, explores sustainability through a COVID-19 lens — uncovering practical ESG considerations for recovery and beyond with insight from industry leaders and our experts.

The report looks at the following:

  • Resilience: Foresight in a time of crisis.
    • How can Industrial companies navigate immediate ESG priorities and risks in relation to COVID-19 decision-making?
  • Recovery: Leveraging ESG.
    • Will sustainable organizations be best positioned to overcome performance challenges arising from COVID-19?
  • Renewal: Building new sustainable revenue streams.
    • What opportunities exist for Industrials to build new sustainable revenue streams for the long-term?

Key takeaways

Environmental, social and governance issues are apparent at all stages of COVID-19 response and require careful consideration from industry leaders. But questions of business performance and stability are also ultimately questions of sustainability. These ideas are not opposed; in fact, those organizations that find productive and purposeful connections between business models and ESG, and that embrace sustainability as part of recovery may even be better positioned for long-term success.

To view our report, please click here.

 

Author

Anahita Thoms ist Partner bei Baker & McKenzie Partnerschaft von Rechtsanwälten und Steuerberatern mbB

Author

Dr. Nikolaus Reinhuber has more than 25 years' experience in cross-border transactions and is the Global Chair of the Industrials, Manufacturing and Transportation (IMT) industry group in Baker McKenzie’s office in Frankfurt. Clients have described him as "statesmanlike, with real interpersonal skills, who strikes the right note at 3 a.m. and gets the deal to the finish line" as well as "excellent work and extremely strong dedication" (JUVE 2014/2015). Before joining Baker McKenzie in 2008, he served as an M&A and corporate partner with Freshfields Bruckhaus Deringer, where he also held a global management position. Dr. Reinhuber has also acted as a supervisory board member of listed companies and advised them on their IPOs.