We are delighted to be shortlisted in the Irish Law Awards for Law Firm of the Year, Employment Law Firm of the Year, Diversity and Inclusion Law Firm of the Year and Probate Law Firm of the Year.
Tag: Lisa Quinn O'Flaherty (Page 1 of 4)
Fitzsimons Redmond LLP partner, Lisa Quinn O’Flaherty was delighted to be invited by Maynooth University Law Society to be a panellist at last night’s Diversity in Law event at Maynooth University. It was wonderful to hear the views and experiences of colleagues and students. Well done to the Law Society at Maynooth for organising a super event and for having the hard conversations.
The team at Fitzsimons Redmond LLP would like to thank our dear friend, The Hon. Mr Justice Aindrias Ó Caoimh for the gift of many Law Reports from his personal library. We are delighted to give a home to these beautiful volumes, adding to our collection of legal texts.
At Fitzsimons Redmond LLP, we believe in always learning about new developments in law, technology and client care. We schedule regular knowledge sessions in order to learn and discuss the latest innovations. This is one of the ways we blend tradition with modernity in our over 50 year old firm.
A business can implement a transparency policy to show its commitment to accountability and openness in is work. The policy will show the practices and procedures embraced by the business. It articulates the core values of the business in relation to communication with stakeholders. Honesty, integrity and accountability will be key values. The policy will detail the specific information that will be disclosed. This might include business practices, governance structures, financial performance, and gender pay gap information. It will describe when and how the information is shared, whether publicly by website or report or internally to employees or to certain stakeholders such as investors.
Continue readingFitzsimons Redmond LLP partner, Lisa Quinn O’Flaherty was recently invited to speak to tax-maven Stephenie Wickham on the wonderful Taxbytes for Expats podcast.
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Ethical supply chain management refers to the sourcing, production and distribution of products in a manner that is non-exploitative, fair, sustainable and responsible towards all stakeholders in the chain. This includes the valuing of the human rights of producers of component parts, workers, and communities as well as environmental protection so as to ensure the human rights of current and future generations. Features of ethical supply chain management include safe working conditions and fair pay, local community engagement, minimal environmental impacts, compliance with local laws and international best practice, at all points in the chain. It involves transparency and accountability in relation production, sourcing and suppliers.
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There is a certain view that Environmental, Social and Governance (ESG) strategies are soft, marketing-driven and non-essential but there are strong arguments for including ESG at the top table of corporate governance.
A well-crafted ESG policy ensures regulatory compliance. It identifies and mitigates the risk of legal actions, investigations, penalties and fines arising from environmental impact, governance practices, social responsibility, and regulatory and legal compliance. The policy can serve as a framework in managing any crisis that arises. However, the policy alone will not manage the risk; it must be utilised and familiar to all key people.
The ESG policy promotes good practice in sustainability, operational efficiency, employee engagement, social responsibility, stakeholder relationships, accountability and transparency. These good practices not only enhance the business reputation and meet consumer demand by demonstrating a commitment to ethics, they also provide competitive advantages by promoting sustainable practices and a positive work-place leading to cost savings and greater employee satisfaction, engagement and retention.
Demonstrating trustworthiness by accountable practices and transparency attracts investors by satisfying investment criteria which focus on ESG factors; these factors are an increasing prerequisite to investment. Working to global frameworks such as the UN Sustainable Development Goals and the Global Reporting Initiative gives access to new markets and allows the organisation to show itself as serious player on the international stage.
The above is provided for information purposes and is not intended as legal advice. Fitzsimons Redmond LLP would be happy to discuss the needs of your business in relation to all aspects od ESG. Please contact us on 01-676 3257 or lisa@fitzsimonsredmond.ie.
By Lisa Quinn O’Flaherty
Partner at Fitzsimons Redmond LLP
Implementing a health and safety statement and policy is essential for all businesses in order to comply with the Safety, Health and Welfare at Work Act 2005, which mandates businesses to ensure the safety, health, and welfare of employees.
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Many businesses are using artificial intelligence (AI) in some form in order to create business efficiencies. Some businesses use generative AI for copywriting, software writing, or employ Chatbots. These programmes work by being ‘trained’ by the inputting of large amounts of data. Other AI in use includes tools to summarise data or to perform analysis. Some businesses use off-the shelf AI tools and others augment the tools with their own specific datasets.
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