Caremark and ESG, Perfect Together: A Practical Approach to Implementing an Integrated, Efficient, and Effective Caremark and EESG Strategy

August 2022

Citation:

ELR 10631

Issue

Author

Leo E. Strine, Jr., Kirby M. Smith, and Reilly S. Steel

This Article, adapted from Leo E. Strine Jr., Kirby M. Smith, and Reilly S. Steel, Caremark and ESG, Perfect Together: A Practical Approach to Implementing an Integrated, Efficient, and Effective Caremark and EESG, 106 Iowa L. Rev. 18853 (2021), and used with permission, proposes a way of thinking about "EESG" that promotes ethical, fair, and sustainable behavior without heaping additional work on already-stretched employees and directors.

Leo E. Strine, Jr., is the Michael L. Wachter Distinguished Fellow in Law and Policy at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Henry Crown Fellow, Aspen Institute; Of Counsel, Wachtell Lipton Rosen & Katz; and former Chief Justice and Chancellor of the State of Delaware. Kirby M. Smith is a Member with Bridgeport Partners LP. Reilly S. Steel is a Ph.D. Student in the Department of Politics, Princeton University.