How to best manage ESG-related risks and disputes in the MENA region

How to best manage ESG-related risks and disputes in the MENA region

Despite the global pandemic, there is a clear spot light on climate change, which Covid-19 has actually helped bring further into focus. Given the number of national lockdowns in place and the corresponding fall in CO2 omissions, the evidence of humanities' impact on the world has never been clearer.

Those photos of Venice's crystal clear canals, for the first time in decades, were a prime example of how the world might look if we were to reverse the severe effects of climate change.

In parallel, global economic growth has stalled. Economies around the world contracted in 2020 and will continue to do so for the majority of 2021, with sustainable growth only predicted to return in 2022. This has also focused the public and private sectors attention on what this recovery should look like and how and why a green sustainable recovery is the best approach.

This is all fine and well you may ask, but how does it impact me and my business. The answer lies in the increased attention on ESG, (environmental social governance) and the rise of climate change related disputes. A few years ago, you would have to google what ESG stood for and now it's an increasingly