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Why is Law important?

Attorney at law play a crucial role in sustainability reporting processes for companies by ensuring legal compliance, managing regulatory risks, and providing guidance on transparent and accurate disclosure of information. Their expertise helps navigate complex legal frameworks related to environmental, social, and governance (ESG) matters, promoting responsible business practices and safeguarding the company's reputation. 

From Law to Impact: Legal Insight, Ethical Outcomes

Sustainability reporting has emerged as a cornerstone for  modern businesses, reflecting a commitment to environmental, social, and governance (ESG) principles. In this dynamic landscape, attorneys at law play a pivotal role in guiding companies through the intricate legal dimensions of sustainability reporting. 

Legist are instrumental in ensuring that a company's sustainability reporting aligns with the ever-evolving legal landscape. 

Legist navigate through a myriad of regulations, ensuring compliance with international, national,  and industry-specific standards. By identifying and addressing legal risks associated with ESG matters, they contribute to the creation of robust and legally sound sustainability reports. 

Sustainability reporting demands transparency and accuracy in disclosing information related to a company's environmental impact, social initiatives, and governance practices. Legist provides essential guidance to ensure that the disclosure meets legal standards. 

This not only safeguards the company from legal challenges but also fosters trust among stakeholders by presenting an authentic portrayal of the organisation's commitment to sustainability. 



Eco-Friendly or Ego- Friendly?

Faking Green: Unmasking Environmental Deception, Hiding Behind False Sustainability


Many companies which are called fraudulent greenwashers aim to gain both the social and financial benefits of being sustainable organizations, so they pretend like sustainable businesses, and claim that they have sustainable process, serve or products without doing much of actual effort. Vanessa Burbano suggested that Greenwashing is a conflict between reported and real behavior.  According to an international environmental law charity ClientEarth which has taken several large businesses to court on accusation of greenwashing which is described “… where a company uses advertising and public messaging to try to appear to be environmentally green and follow sustainable practices- greener than it really is. It’s also a technique certain companies use to distract consumers from the fact that their business model and activities do a lot of environmental harm and damage.” 


Sustainability Beyond Illusion: It’s What You Do, Not What You Say 


If the companies do not stay away from getting into hot water over climate change claims, it has to live through harsh conditions. A fraudulent practice which is called “greenwashing” can lead to corporate failure. In other words, when it is explored that the company’s activities do not respect society’s moral values, it will conclude as company’s failure. How can businesses get ahead of blame like this? Because from both ethical and legal perspectives, businesses have to ensure their words mirror their actions.  Many well-known businesses are blamed to do “greenwashing”. An accusation can seriously damage a brand. Avoiding bad reputation has significant importance in protecting the future of companies. Reputational issues, financial losses are some of the consequences stemming from such unethical behaviors, and additionally it results in the organization losing its social contract to operate described rights and responsibilities associated with sets of formal and informal agreements between societal and their sovereign government or other actor to boot. Tracking legitimacy is very important for the business to survive and avoid the corporate to collapse and it can be ensured by adjusting to the institutional setting. 


How does a company apply to the greenwashing road? There are considerable expectations that companies must address the changes which are required to achieve sustainability with the level of strategic business focus it necessitates in a way that shows care and conscientiousness. If it makes false claims about its commitment to sustainability, social responsibility, or ethics, it will be making greenwashing, and it can cause reputational damage, penalties, loss of social and legal license to operate or result in substantial financial losses and corporate failure. 


In the Age and the World Full of Greenwash: Be Both the Truth-seeker and the Voice of the Truth


Until very recently, activities associated with greenwashing and vague promises received little scrutiny, but the age is not changing, the age has changed. The pandemic forced us to mirror many challenging essentials of our society and planet.  As a clear consequence of this, auditing bodies, consumers, and investors do not accept disingenuous messaging around sustainability.

In view of the climate crisis, it is impossible for businesses that are under enormous pressure about their effects on climate not to be forced by customers to environmental footprint. We live in the era of social media and the connection between businesses and the society is more relevant than ever. Companies’ sustainability activities and efforts and communicating progress towards them in a transparent way are significantly changing. There is no longer room for greenwashing. Companies and executives are being forced both to articulate and to reckon their sustainability journeys and progress in new and more serious ways. Covering up a scandal can be more catastrophic than the scandal itself. Consequently, to restore the damage caused by businesses’ activities associated with greenwashing, they have to turn to public relations firms. 


As can be seen from the European Commission’s Corporate Sustainability Reporting Directive “CSRD”, ESG reporting requirements are progressively transitioning from voluntary to mandatory, and in market-driven economies, trust is the eventual currency of achievement, and dependable info from credible sources boosts trust. So, we can give this as a good example of the intersection of the two: in June 2022, the Financial Times outlined “A German asset management corporation DWS which has about $1 trillion in assets and Deutsche Bank is raided by German authorities, because of greenwashing charges. An inquiry was initiated about WS’s deceptive argument in its 2020 annual report regarding claims that more than 50 percent of the group’s $900bn assets were invested using ESG criteria.” 


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With the increasing focus on ESG factors, companies face potential litigation related to environmental damage, labor practices, or governance failures.  

Gece Mesaisi

As sustainability continues to be a key focus for businesses worldwide, legist's expertise ensures legal compliance, manages risks, facilitates accurate disclosure, addresses potential litigation, and safeguards the company's reputation. 

Legist provides companies with the agility to adapt to changing legal requirements. By staying informed about legislative developments, legist enable businesses to anticipate future compliance standards and integrate them seamlessly into their sustainability reporting frameworks. 

Antik Kağıt

Greenwashing can take various forms, including misleading labels, false advertising, and incomplete information about a company's environmental practices. Some types of greenwashing include exaggerating environmental achievements, using vague or unverified claims, highlighting minor eco-friendly aspects while ignoring larger environmental issues, and employing misleading imagery or green colours in branding to create a false impression of sustainability. 

Misleading Labels

Companies may use labels or packaging that imply environmental benefits without providing substantial evidence. 

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