ESG Business definition
Examples of ESG Business in a sentence
A Master’s degree in one of the following disciplines: Environmental Sciences, Environmental Management, Policy, Economics, Sustainable Development, Sustainability, Conservation, or a related field; A bachelor’s degree in a relevant field plus an additional three years of qualifying experience may be accepted in lieu of a Master’s degree; • A minimum of two years of experience in Sustainability, Corporate Responsibility, ESG, Business, or a related field.
From and after the Closing, except as expressly set forth in the ESG Documents, all liabilities and obligations of the Ex-ESG Company will relate exclusively to the ASG Business and the Company has not caused the Ex-ESG Company to incur, assume, guarantee or otherwise become subject to any liability or obligation that related exclusively to or was incurred in connection with the ESG Business that will survive the Closing.
Neither Party assumes any responsibility for compliance by the other Party with any Applicable Laws applicable to the other Party (and, for the avoidance of doubt, ESG SpinCo shall be responsible for ensuring that the operations of the ESG Business complies with all Applicable Laws on and from the Effective Date).
Except as set forth in the Spin-Off Agreements, all assets, properties and operations of Kiawah Energy relate, and have always related, solely to the ESG Business, and neither Kiawah Energy, nor any of its assets, operations or properties, is used or has ever been used in the ASG Business.
Former employees of the ESG Group as of the Distribution Date shall be deemed to include all employees who, as of their last day of employment with any of KLX, ESG SpinCo or their respective Affiliates, had employment duties primarily related to the ESG Business (collectively, the Former ESG Employees).
The Parties acknowledge and agree that all provisions contained in this Agreement with respect to ESG Business Employees and ASG Business Employees are included for the sole benefit of the respective Parties and shall not create any right (i) in any other Person, including employees, former employees, any participant or any beneficiary thereof, in any Benefit Plan, or (ii) to continued employment with the ESG Group or the KLX Group.