Financial Times: Company Lawyers Under Pressure on Politicised Business Activities

Financial Times: Company Lawyers Under Pressure on Politicised Business Activities

Tags : AC client expert commentary Financial Times Steel City Re

Nir Kossovsky, CEO of AC client Steel City Re, was quoted in a recent Financial Times article (paywall):

These GCs’ broader portfolios are not unusual, says Nir Kossovsky, co-founder of Steel City Re, a reputation risk adviser and insurance group. He estimates that roughly 40 per cent of chief legal officers explicitly have responsibility for ESG and reputation questions. “So much of enterprise value is being driven by these ESG decisions,” he says. “Overpromising creates the risk of disappointed stakeholders.”