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Articles 1 - 13 of 13
Full-Text Articles in Law
Transformative Governance Of Biodiversity: Insights For Sustainable Development, J. Visseren-Hamakers Ingrid, Jona Razzaque, Pamela Mcelwee, Esther Turnhout, Eszter Kelemen, Graciela M. Rusch, Álvaro Fernández-Llamazares, Ivis Chan, Michelle Mei Ling Lim, Et Al.
Transformative Governance Of Biodiversity: Insights For Sustainable Development, J. Visseren-Hamakers Ingrid, Jona Razzaque, Pamela Mcelwee, Esther Turnhout, Eszter Kelemen, Graciela M. Rusch, Álvaro Fernández-Llamazares, Ivis Chan, Michelle Mei Ling Lim, Et Al.
Research Collection Yong Pung How School Of Law
While there is much debate on transformative change among academics and policymakers, the discussion on how to govern such change is still in its infancy. This article argues that transformative governance is needed to enable the transformative change necessary for achieving global sustainability goals. Based on a literature review, the article unpacks this concept of transformative governance. It is: integrative, to ensure local solutions also have sustainable impacts elsewhere (across scales, places, issues and sectors); inclusive, to empower those whose interests are currently not being met and represent values embodying transformative change for sustainability; adaptive, enabling learning, experimentation, and reflexivity, …
Sustainable Business Law? The Key Role Of Corporate Governance And Finance, Jason J. Czarnezki, Colin Meyers
Sustainable Business Law? The Key Role Of Corporate Governance And Finance, Jason J. Czarnezki, Colin Meyers
Elisabeth Haub School of Law Faculty Publications
Lawyers, law schools, and corporate entities have shown an increased interest in sustainable business strategies. This is reflected by the increase in sustainability practice groups, law school courses, and textbooks focusing on the relationship between sustainability and business law; lawyers moving into executive-level sustainability positions in the private sector; and the proliferation of corporate sustainability policies, as well as increased interest in mitigating climate risk and engaging in sustainable finance. But what exactly is sustainable business law, and what role do lawyers play in advancing sustainability in the corporate world? This Article argues that “sustainable business law” has emerged as …
Advocating For The Future, John C. Dernbach, Irma S. Russell, Matthew Bogoshian
Advocating For The Future, John C. Dernbach, Irma S. Russell, Matthew Bogoshian
Faculty Works
Attorneys in our varied roles need to step up and address the climate crisis for the sake of every person and for the public good. All lawyers must be sustainability lawyers now. This article explains why; it also offers an illustrative set of suggestions on how to get started and what to do.
Indigenous Environmental Rights And Sustainable Development: Lessons From Totonicapán In Guatemala, Patricia Galvao-Ferreira, Mario Mancilla
Indigenous Environmental Rights And Sustainable Development: Lessons From Totonicapán In Guatemala, Patricia Galvao-Ferreira, Mario Mancilla
Law Publications
The chapter argues that in order to contribute to a more comprehensive theoretical understanding of the many nuances of the social dimension of sustainable development, IEL scholars should engage more systematically with emerging national and international research on Indigenous alternative perspectives on environmental governance. The approach highlighted here is distinct from existing discussions related to environmental justice and Indigenous peoples, which highlights the disproportionate environmental impacts Indigenous peoples suffer as a racialized social group, because of their close cultural and existential interaction with the environment. The aim is to move from treating Indigenous peoples as victims of environmental racism, to …
Biodiversity 2050: Can The Convention On Biological Diversity Deliver A World Living In Harmony With Nature?, Michelle Mei Ling Lim
Biodiversity 2050: Can The Convention On Biological Diversity Deliver A World Living In Harmony With Nature?, Michelle Mei Ling Lim
Research Collection Yong Pung How School Of Law
The Convention on Biological Diversity’s (CBD) ‘2050 Vision’ aims to achieve, by 2050, a world that is ‘living in harmony with nature.’ Yet biodiversity is threatened globally to an extent never before witnessed in human history. The Global Assessment of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES Global Assessment)—the largest ever assessment of the global state of biodiversity and ecosystems services—found that a sustainable global future for people and nature remains possible. However, this can only be achieved if we fundamentally redesign our economic, social, and governance systems. It is almost three decades since the CBD, the …
The Human Capital Management Movement In U.S. Corporate Law, George S. Georgiev
The Human Capital Management Movement In U.S. Corporate Law, George S. Georgiev
Faculty Articles
Corporations cannot exist without workers, yet workers are not part of the formal or informal governance structures established by U.S. corporate law. Commentators and policymakers have bemoaned this state of affairs for decades, to little avail. Since the mid-2010s, however, a concept related to workers, human capital management (HCM), has become an increasingly prominent part of U.S. corporate governance. HCM is premised on the notion that workers can be viewed as “assets” and ought to be managed just as carefully as firms manage physical and capital assets. In practice, HCM is an expansive concept that has been used to refer …
The Twin Environmental Law Problems Of Preemption And Political Scale, Erin Ryan
The Twin Environmental Law Problems Of Preemption And Political Scale, Erin Ryan
Scholarly Publications
This is a daunting moment for the United States environmental movement. Since 2017, it often seems that federal environmental law is being systematically dismantled—most aggressively by the executive branch, but with tacit support from much of the sitting legislature, and likely with increasing support from the judiciary as well. For environmentalists, the assault on the regulatory accomplishments made over decades of previous lawmaking is cause for grief, but it also compels preparation for the challenges yet to come. This chapter advises environmentalists to resist federal preemption of state regulation and to think creatively about how to accomplish the goals of …
Why Localizing Climate Federalism Matters (Even) During A Biden Administration, Sarah Fox
Why Localizing Climate Federalism Matters (Even) During A Biden Administration, Sarah Fox
College of Law Faculty Publications
After four years of a Trump Administration hostile to action on climate change, the United States is now under the leadership of the Biden Administration, which acknowledges the scope of the global climate crisis and has a number of proposals for addressing it. For now, the Democratic par-ty also controls both houses of Congress. All of that is good news for progress on climate change. It does not mean, however, that the federal government will be immediately poised to solve the climate challenge. First of all, the COVID-19 pandemic is likely to continue to occupy a tremendous share of federal …
How The Biden Administration Can Empower Local Climate Action, Sarah Fox
How The Biden Administration Can Empower Local Climate Action, Sarah Fox
College of Law Faculty Publications
The Biden Administration entered office amid a flurry of executive orders and announcements, no small part of which focused on environmental actions. More specifically, the Administration entered with the stated intention of addressing the climate crisis through a variety of measures that include executive action as well as possible federal legislation. For the federal government to be focused on climate action for the first time in four years is an unequivocally positive change. However, the Biden Administration will certainly encounter many roadblocks to fast action, including delays inherent in regulatory rollback and rulemakings, political hurdles and expenditure of political capital …
Esg And Climate Change Blind Spots: Turning The Corner On Sec Disclosure, Cynthia A. Williams, Donna M. Nagy
Esg And Climate Change Blind Spots: Turning The Corner On Sec Disclosure, Cynthia A. Williams, Donna M. Nagy
Articles by Maurer Faculty
This article examines four areas in which the SEC, for more than a decade, resisted reform or impeded shareholders’ access to sought-after environmental, social, and governance (ESG) information. These areas are: (1) the SEC’s refusal to act on several rulemaking petitions submitted during the years 2009 to 2018, which called for expanded ESG disclosure; (2) the SEC’s grudging promulgation of rules concerning social disclosures as required by Congress in the Dodd-Frank Act of 2010; (3) the SEC’s 2020 revisions to SEC Rule 14a-8, which make the submission of shareholder proposals more difficult, thereby thwarting investor efforts to raise ESG concerns; …
Bursting The Auto Loan Bubble In The Wake Of Covid-19, Pamela Foohey
Bursting The Auto Loan Bubble In The Wake Of Covid-19, Pamela Foohey
Articles by Maurer Faculty
Before the COVID-19 pandemic, auto loans outstanding in the United States had soared to record highs. The boom in lending spanned new and used cars and traditional and subprime loans. With loan delinquencies also hitting new highs almost every quarter, predictions that the auto lending market could burst soon abounded. When the economy came to a grinding halt and unemployment skyrocketed in the wake of the pandemic, auto lenders knew they were facing a crisis. Throughout 2020, auto lenders granted more payment forbearances to consumers, while slashing interest rates on new loans. Auto manufacturers similarly made promises to buyers, such …
Caremark And Esg, Perfect Together: A Practical Approach To Implementing An Integrated, Efficient, And Effective Caremark And Eesg Strategy, Leo E. Strine Jr., Kirby M. Smith, Reilly S. Steel
Caremark And Esg, Perfect Together: A Practical Approach To Implementing An Integrated, Efficient, And Effective Caremark And Eesg Strategy, Leo E. Strine Jr., Kirby M. Smith, Reilly S. Steel
All Faculty Scholarship
With increased calls from investors, legislators, and academics for corporations to consider employee, environmental, social, and governance factors (“EESG”) when making decisions, boards and managers are struggling to situate EESG within their existing reporting and organizational structures. Building on an emerging literature connecting EESG with corporate compliance, this Essay argues that EESG is best understood as an extension of the board’s duty to implement and monitor a compliance program under Caremark. If a company decides to do more than the legal minimum, it will simultaneously satisfy legitimate demands for strong EESG programs and promote compliance with the law. Building …
Restoration: The Role Stakeholder Governance Must Play In Recreating A Fair And Sustainable American Economy A Reply To Professor Rock, Leo E. Strine Jr.
Restoration: The Role Stakeholder Governance Must Play In Recreating A Fair And Sustainable American Economy A Reply To Professor Rock, Leo E. Strine Jr.
All Faculty Scholarship
In his excellent article, For Whom is the Corporation Managed in 2020?: The Debate Over Corporate Purpose, Professor Edward Rock articulates his understanding of the debate over corporate purpose. This reply supports Professor Rock’s depiction of the current state of corporate law in the United States. It also accepts Professor Rock’s contention that finance and law and economics professors tend to equate the value of corporations to society solely with the value of their equity. But, I employ a less academic lens on the current debate about corporate purpose, and am more optimistic about proposals to change our corporate governance …