On October 26-28, 2021, the TrustLaw team and social impact experts will run a virtual training on Social Enterprise, ESG and Impact Investing in the United States. This course explores key legal issues and trends in the social impact space across three themes: Structuring Business for Impact; ESG: Compliance, Disclosure and Beyond; and Impact Investing.
Offered since 2015, this training is a first-of-its-kind course to combine hands-on legal training with practical case studies and excellent networking opportunities. This year’s edition features an expanded curriculum and will enable attendees to virtually access a mix of lectures and panels, "on-demand" content and interactive workshops.
The CLE-accredited training provides lawyers and other experienced professionals with the skills they need to advise different stakeholders in the sector. Upon completion of the training, participants should be able to
- Understand the shape of the social economy in the U.S. and recent legal and regulatory developments affecting the field in the US;
- Advise on the appropriate business structure for different social enterprises and on diﬀerent mechanisms to lock social mission into business activities;
- Recognize the unique legal issues that arise for social businesses as they mature and consider exits and how to anchor mission;
- Have a clear understanding of innovative tools and mechanisms used to inject capital into socially focused businesses, including impact investment funds, impact bonds and other innovative finance mechanisms (such as those used to battle the COVID-19 pandemic);
- Design and structure investment transactions using innovative impact terms and approaches to align investors with varying ﬁnancial return and impact objectives;
- Understand how ESG regulatory requirements and frameworks are shaping corporate risk management, compliance, due diligence, and disclosure; and
- Recognize the tools that are available for aiding businesses in implementing sustainable practices.
Participants will become part of a community of practice that facilitates the sharing of lessons learned and best practices in the realm of social entrepreneurship, ESG and impact investing. Additionally, upon completion of the course, participating lawyers may be given the opportunity to participate in related pro bono projects through TrustLaw, enabling them to apply the skills and knowledge gained to real-life matters.
All Themes and Training Sessions (3 days) - $250
October 26: Structuring Business for Impact (1 day only) - $100
October 27: ESG: Compliance, Disclosure and Beyond (1 day only) - $100
October 28: Impact Investing (1 day only) - $100
*All tickets entitle participant to access all "on-demand" sessions and materials. Live sessions and trainers are restricted by themes/dates as listed above and as included with ticket selection.
**Group discounts are available. Non-profits and social enterprises are entitled to a reduced rate.
***The cost of the course goes to support the work of the Thomson Reuters Foundation’s global pro bono service, TrustLaw, which connects the world’s leading legal teams to provide free legal assistance to NGOs and social enterprises working for social and environmental change.
For more information or to inquire about partnership opportunities, please contact TrustLaw.
Structuring Business for Impact
Entrepreneurs and corporate leaders are increasingly focusing businesses on both profitability, on the one hand, and a social or environmental mission, or broader stakeholder model, on the other hand. As a result, they often seek expertise for structuring or restructuring their businesses for impact. This theme is designed to provide an overview of the state of social enterprise and stakeholder capitalism in the United States, including a market overview and technical details. Sessions within this theme provide attendees with tools for assisting entrepreneurs in choosing the right legal structure (or combination of structures), anchoring mission throughout the business lifecycle, altering structures to maximize impact, and pursuing exits while preserving impact.
ESG: Compliance, Disclosure and Beyond
Governments are increasingly considering whether businesses have societal obligations beyond creating jobs and wealth, particularly around social, environmental, and governance goals. At the same time, investors are applying greater scrutiny and businesses are evaluating risks and results around social, environmental, and governance metrics. Together, these developments have led businesses to encounter more and more regulatory requirements around issues of sustainability, supply-chains, human exploitation, and governance diversity, while investors and businesses are similarly working to mitigate risks in these areas. Sessions within this theme will provide participants with an overview of developments in this arena, a survey of regulatory requirements, and a review of the tools becoming available to aid businesses in moving beyond compliance towards considering how transparency might create useful benchmarks and improved data in ESG reporting and scoring.
Emerging from what was initially considered a fringe group of investors, impact investing has now gone mainstream, both in terms of committed capital and public acceptance. Do sufficient standards exist for metrics, measurement and reporting so that quantification is possible for impact outside of specific environmental areas? This theme will look at impact investing along the spectrum (from philanthropic to alpha return) with a focus on the legal aspects of building impact measurement and reporting into the vehicles for fund management or creative financial structures. Participants will gain an overview of the state of impact investing, the sourcing and structuring tools being used by investors, and knowledge of how the impact approach affects fund formation and performance reporting. The theme will also cover creative structures to advance environmental action and sustainable development, and to promote diversity, equity, and inclusion.
Full agenda with detailed sessions coming soon. You can save the date and get further notifications about the training by purchasing your ticket today.
"In 20 years in the impact sector, I’ve only found one place that works to train lawyers on the latest best practices for structuring and impact performance — TrustLaw’s Social Enterprise and Impact Investing Training." Todd Johnson, Retired Partner, Jones Day
"Pooling together such a diverse group of perspectives - from practitioners to legal experts - brought a unique set of discussions to the table." Alex Christopoulos, Stars Foundation
"I really enjoyed the mix of law and non law materials, and the interactive workshops." Soumya Rao, Herbert Smith Freehills LLP
"I attended the Impact Investment training day and found it to be informative, clear and well-delivered. The sessions gave me quite a few ideas for new pro bono projects that might be developed for our lawyers." Sophie Orr, White & Case LLP
"The sessions were very thorough and backed up by documentation which is of course useful for recalling the detail." Soraya Mir, The Fred Hollows Foundation
"Great topic, some passionate and very knowledgeable speakers. It was nice to put a face to TrustLaw too." Emma Quinn, Brown Rudnick LLP