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Podcast #172 | Roy Shapira: Europe’s Corporate Sustainability Directive and Its Impact on U.S. Board Oversight Duties

 

Episode #172 of the Boardroom Governance Podcast features Roy Shapira, a Professor of Law at Reichman University in Israel focused on reputation, regulation, and corporate governance.

Evan explores Roy’s recent paper on the European Union's Corporate Sustainability Due Diligence Directive (CS3D) and its implications for U.S. corporate directors, particularly in relation to human rights and environmental obligations.

Roy highlights the contrasts between the proactive regulatory environment in Europe and the growing opposition to ESG in the U.S., addressing the legal risks and potential oversight liabilities American directors may face under these new standards.

They also examine the impact of recent amendments in Delaware law on inspection rights and the ensuing accountability for directors, alongside geopolitical factors shaping governance strategies.

You can listen to the episode directly in the Boardroom Governance Podcast website (where you can find all the show notes), or wherever you listen to your favorite podcasts such as in: Apple or Spotify.

You can also subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com

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Pacifica Global was founded in San Francisco to serve as a leading corporate governance advisory firm. The mission of Pacifica Global is to help founders, executives, directors and investors solve some of their most complex corporate governance conflicts and challenges.