Among investment professionals, ESG has become one of the most common topics of conversation. Companies are being scored on ESG criteria, and funds are directing capital away from environmentally or socially unfriendly businesses and shifting it towards companies with more broadly acceptable business practices. In 2021, the expectation is these issues will permeate throughout the world of M&A, as well. And in no industry is this a more pressing concern than in power and utilities.
For dealmakers looking to put a painful year behind them, several questions remain when it comes to how social, governance and environmental matters can affect their dealmaking processes. Are typical due diligence processes enough to spot a target that might hamper your ESG score? What elements are crucial to include in your ESG diligence process? What examples of companies being burned by bolt-ons with ESG issues have we already seen?
In partnership with global law firm Pillsbury Winthrop Shaw Pittman LLP, which is leading the way in ESG M&A advice, The Deal seeks to provide answers to these questions and more. Join us on Tuesday, March 30th at 1:00pm eastern for a live webcast where we will explore the role that ESG is playing in Power and Utility M&A transactions.
Stephen Amdur, leader of Pillsbury’s Private Equity team, has extensive experience in high-profile, multi-billion dollar mergers and acquisitions. He has been called “one of the great counselors to the world of corporate America and business” by DealBook founder Andrew Ross Sorkin. He is recognized by The Legal 500 U.S. as a “Next-Generation Lawyer” and by Law360 as a “Rising Star” in the area of Mergers & Acquisitions.
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ESG and Sustainability concerns are now playing a prominent role in how companies around the world operate, and how investors allocate their capital.