Alex McClean, partner and leader of the Securities and Capital Markets practice group, was recently interviewed by Rochester Business Journal for an article on the growing importance of ESG profiles in mergers. In “Is this M&A a match made in heaven?” Alexander explains that in the past, due diligence in the environmental arena focused on mediation, like cleaning up after an environmental spill. But now, business leaders are also investigating a company’s carbon footprint. “It takes detailed work to generate that information, but it’s necessary for the merger to go forward smoothly,” says Alex. “If the target hasn’t done anything [to track] emission that creates problems. It creates misaligned cultures.”
To view the article on Rochester Business Journal’s website, click here.