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David Fein Describes How Financial Institutions Can Combat Wildlife Trafficking Through ESG Initiatives in Column

February 15, 2023

Litigation special counsel David Fein published an “Expert Opinion” column in, “How Financial Institutions Can Help Combat Wildlife Trafficking Through ESG Initiatives,” on February 15. David discusses how financial institutions can mitigate their exposure to wildlife trafficking and have a significant positive impact on endangered species and biodiversity more broadly by implementing certain internal risk and compliance measures and reporting practices as part of their ESG strategies. Such strategies may include conducting risk assessments, implementing customer screening and due diligence, and reporting suspicious activity. “Financial institutions are well positioned to help stop wildlife trafficking and raise awareness through careful planning and development of ESG-related initiatives,” David writes. “Just like the endangered animals we need to protect, these efforts are priceless.”

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