Description
Environmental, Social, and Governance (“ESG”) has transcended its status as a buzzword. While compliance requirements with various ESG standards remain relatively low in Malaysia, the situation differs significantly on the international stage. Consider, for instance, well-known incidents where goods from Malaysian companies were seized at US borders due to allegations of human rights violations, resulting in their inability to export to the US pending investigation.
In contrast, the European Union (“EU”), through its Green Deal, does not readily resort to product seizures. However, the impact of the Green Deal is more far-reaching in comparison to legislation in the US: it introduces a range of regulations and directives that indirectly exert pressure on exporters to the EU, including those from Malaysia. This is among others accomplished by:
(i) compelling major procurers in the EU to report their carbon footprint (example: Corporate Reporting Sustainability Directive);
(ii) prohibiting imports of certain goods produced through deforestation (example: Deforestation Regulation); and
(iii) mandating the application of ESG due diligence throughout the supply chain (example: Corporate Sustainability Due Diligence Directive).
Due to the multitude of rules from the EU, European procurers often hesitate before engaging in trade with suppliers from other countries, including Malaysia, unless the suppliers commit to meeting their rigorous standards. However, Malaysian companies and their legal representatives often lack familiarity with the background of these legal requirements. This places them at a disadvantage in negotiations and potential disputes.
This presentation will provide an overview of the crucial EU rules pertaining to ESG and offer insights into how Malaysian companies can effectively navigate contract negotiations.
Speaker
Dr Harald Sippel is admitted to the Austrian Bar as Rechtsanwalt and tothe Malaysian Bar as a foreign lawyer. A major part of his work deals withmatters of ESG, with a particular focus on the implementation of andcompliance with ESG-related legislation from Europe.Harald co-runs the ESG-Hub ESG in Malaysia, where he regularly publisheson matters of ESG related to Malaysia. He is also a frequent speaker onmatters pertaining to ESG both in Malaysia and abroad.
Terms and Conditions
Event Policy
Places are limited and registration is on a first-come, first-served basis.
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Cancellation
Cancellations must be made in writing.
If you have failed to inform the organiser on your cancellation for three consecutive times, you may be blacklisted for future events.
Refunds
Refunds will be processed after the event is completed. This may take up to 30 business days. The conditions for refunds are as follows:
- Full refunds will be issued if the event is cancelled or postponed by the organiser due to some circumstances.
- No refunds for this course. However substitution is allowed.
The organiser reserves the right to modify, cancel or postpone the event, should circumstances arise that make such action necessary, whereupon all registration fees paid will be refunded.
Transferral
You are allowed to transfer your place to another participant, but you must notify the organiser with the necessary details.
Attendance
CPD points will not be awarded to lawyers and pupils in chambers from Peninsular Malaysia who arrive more than 15 minutes late, are not present throughout the event, or leave before its scheduled end.
Privacy
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Disclaimer
- Materials will be emailed only. No printed notes will be provided.
- No recording of the event is permitted via any means at any time.
- No part of the event content may be used/reproduced in any form without the written and explicit consent of the Bar Council and speaker(s).
