ESG Trending Topics - France
By EsqSocial Corporation 21/04/21
French businesses continue to navigate the requirements of the French PACTE Act (“loi relative à la croissance et la transformation des entreprises”) passed in 2019. This legislation added a paragraph to article 1833 of the French Civil Code providing that a company is to be managed according to its “corporate interest” and by taking into account the social and environmental issues related to its activity. It also modified article 1835 of the Civil Code in order to enable companies to set out in...
By: King & Spalding