There is growing recognition that the contracting process has a critical role to play in delivering ESG principles. This event will examine the nature of required changes in current state and the dependencies. Following on from the tremendous engagement we have seen at the inaugural World Sustainable Contracting Day where almost 2000 professionals gathered to discuss sustainable contracting – the Academic Symposium will take the opportunity to galvanize thinking and experience drawing on existing research and setting an agenda for the future.
Themes to be explored
• The development of standard terms and principles to embed ESG in contracts (something that has already begun)
• Mechanisms (Including technology) to support increased data visibility and transfer within supply ecosystems
• Contract design and simplification in support of social justice, inclusion and diversity
• The impact of ESG on classical theory of risk allocation and transfer; a move to shared responsibility
• The challenges of establishing accountability and/or compliance and the role of contracts as a mechanism to support
Rutgers Professor Sarah Dadush will discuss the impact of ESG on classical theory of risk allocation and transfer (a move to share responsibility), and together with Professor David Snyder from American University, will present a panel discussing the development of standard terms and principles to embed ESG in contracts.
The conference will take place on Wednesday and Thursday, December 7 and 8 from 8:30am to 2:30pm EST. Register for the event here.