1. A “B Corporation” is Not a New Corporate Form
A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking.
1. A “B Corporation” is Not a New Corporate Form A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking. ...›
Suz Mac Cormac, chair of the firm’s Energy and Social Enterprise and Impact Investing practices, spoke to The Recorder about how climate issues have created opportunities for law firms and their clients to help create positive change. “At first, the change was gradual, starting with pro bono work,” Suz said, but along the way “companies…started ...›
The Recorder has named Susan “Suz” Mac Cormac to its list of Women Leaders in Tech Law. The award celebrates lawyers who tackle the tech industry’s biggest courtroom clashes, help build its most innovative companies, and negotiate deals that move markets. As highlighted by The Recorder, Suz continues to represent investors in complex cross-border transactions. ...›
ClientSmart interviewed Morrison & Foerster’s Suz Mac Cormac, chair of the firm’s Social Enterprise and Impact Investing and Energy practices, about the Business Roundtable’s adoption of a new “Statement on the Purpose of a Corporation.” The statement changes the definition of the purpose of a corporation to include not just shareholders but also stakeholders: customers, ...›
Morrison & Foerster partner Suz Mac Cormac co-authored an article with PG&E’s Brian Wong for ACC Docket, a publication by the Association of Corporate Counsel, that covers how climate change impacts companies and how board members should address the related risks and issues. “Ignoring the impact of climate change on business in the long term ...›
MoFo Impact’s Suz Mac Cormac spoke on a panel at Climate Week NYC 2019 covering “Facilitating Investments Towards a 1.5˚C Future: How Can Companies Harness Investment Opportunities and Leverage Portfolios for a Net-Zero Future?” The panel covered investment strategies needed to ensure a sustainable and equitable path to net-zero emissions is delivered at an accelerated ...›
Significant commitments, partnerships, and new research projects worth trillions were announced during Climate Week 2019. The United Nations Global Compact and Accenture released findings from their CEO study on sustainability, which draws on insights from more than 1,000 CEOs. Caltech announced a $750 million donation aimed at scaling research on environmental sustainability and climate research. ...›
The MoFo Impact team recently published two articles in the Daily Journal on legal forms for social enterprises. The first article, “Leveraging Corporate Structure for Impact,” summarizes the different forms that entrepreneurs and investors alike should consider to help save our planet and improve the lives of the people on it. In “10 Considerations for ...›
Members of the MoFo Impact team contributed two chapters in The Lawyer’s Corporate Social Responsibility Deskbook: Practical Guidance for Corporate Counsel and Law Firms, published by the American Bar Association. This new guide is a comprehensive resource for in-house and outside counsel to help their companies, firms, and clients develop effective corporate social responsibility programs. ...›
As food waste becomes a major global problem, grocery stores now offer “happy hours” as a solution. IKEA’s sustainability chief describes the company’s progress in becoming a circular business by 2030. The World Bank explains how data and artificial intelligence will change the education landscape. Clean energy has reached a tipping point: it’s cheaper to ...›
Insurance companies in California are choosing not to renew homeowners’ policies because of wildfire risk. The KKR Global Impact Fund received a $225 million investment from UBS. A new report by the World Resources Institute lays out a global action agenda to solve the world’s food loss and waste problem. A Harvard professor explains how ...›