September 22 Thursday

Craig Wasserman '86/Wachtell, Lipton, Rosen & Katz Alumni Breakfast

  • Thursday, September 22, 2022 at 7:30AM - 9:20AM
  • The Century Association, New York, NY
  • Open To The YLS Community Only
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Description

Is Sustainable Investing Sustainable?

In recent years, asset managers and investors have become increasingly vocal concerning companies’ incorporating sustainability – environmental, social, and governance (“ESG”) considerations – into their business models. These asset managers and investors evaluate companies against an array of ESG measures. Recently, U.S. governmental agencies have entered the fray, issuing proposed rules related to ESG investing. On October 14, 2021, the U.S. Department of Labor proposed clarifying the ability of private pension plan fiduciaries to consider climate change and other ESG factors when they select investments and exercise shareholder rights, superseding a rulemaking by the prior Administration. On March 21, 2022, the U.S. Securities and Exchange Commission proposed extensive climate-related information disclosure requirements in public companies’ registration statements and periodic reports.

Sustainable investing as a concept raises a number of questions. For example, given the multitude of ESG measures, what criteria should be used to determine the sustainability of companies? What relation, if any, is there between scoring well on ESG measures and economic performance? Should ERISA plan fiduciaries or other financial intermediaries incorporate ESG measures into their investment and voting decisions? Is a company’s sustainability or ESG practices material to investors to be a mandated disclosure? And finally, what effects might ESG considerations have on the scope of investment opportunities? Please join our distinguished panelists as they discuss these and other questions: Jill E. Fisch ’85, Saul A. Fox Distinguished Professor of Business Law and Co-Director, Institute for Law and Economics, University of Pennsylvania Carey Law School; Aly S. Jeddy ’99, Senior Partner, McKinsey & Company; Charles M. Nathan ’65, Consulting Partner, FGS Global; and Robert H. Sitkoff, Austin Wakeman Scott Professor of Law and John L. Gray Professor of Law, Harvard Law School. Heather Gerken, YLS Dean and Sol & Lillian Goldman Professor of Law, will give welcoming remarks, Roberta Romano ’80, YLS Sterling Professor of Law and Center Director, will introduce the panel, and Nancy Liao ’05, YLS Senior Research Scholar in Law and Center Executive Director, will moderate.


Thursday, September 22, 2022

Breakfast will be available starting at 7:30 a.m. The program will begin promptly at 8:00 a.m. We will end promptly at 9:20 a.m. 

CLE Credit

Yale Law School has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of CLE programs. One and one half (1.5) CLE credit hours in Professional Practice will be available for this program, which is appropriate for both newly admitted and experienced attorneys. Preregistration is required for CLE credit. You must be present for the entire program to receive CLE credit; we cannot give partial CLE credit for partial attendance.
Program reading materials are available online on the Center's website.


For questions on registration, please contact the Office of Alumni Engagement and Development as specified below.
 

Sponsoring Organization(s)

Yale Law School Center for the Study of Corporate Law

Contact Information

Office of Alumni Engagement & Development

alumni.law@yale.edu

(203) 432-1690