ESG Intelligence – UK Legal Sector – Q4 2020
The UK Legal sector has a moderately positive ESG profile entering 2021, with diversity & inclusion efforts leading the issue impact list with a positive impact of 46%. Remuneration disparity and misconduct are the key ESG risks for law firms. Firms that increased executive pay despite taking furlough support from government are frowned upon especially at a time where the social and economic threat of Covid-19 is in such sharp focus. In addition, gender pay gaps across the industry remain a focal point of risk.
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