Supporting sustainable futures.
Freshfields is committed to sustainability. We see it as part of our role as trusted advisers to support our clients in their transition toward a sustainable and profitable future.
We are working with our clients’ senior leaders to help them develop a comprehensive, proactive approach to sustainable business that anticipates risks and regulatory change, but also supports the potential for revenue growth arising from climate adaptation and sustainable infrastructure development.
Our sustainability focus falls into four broad categories:
- climate change, which presents our client both potentially existential risks but also commercial opportunities;
- human rights, which, alongside anti-bribery and corruption issues, are now a core part of corporate compliance;
- sustainable finance, which is helping identify hidden risks and opportunities; and
- corporate governance, which is putting corporate reputations under threat like never before.
The suit alleges that RWE bears some responsibility for the melting of mountain glaciers near Mr. Lliuya’s home town of Huaraz and is obliged to compensate him for the adaptation costs he has to incur.
The NGOs alleged the consortium violated environmental and human rights provisions in the OECD’s guidelines for multinational enterprises (incorporating the Ruggie principles).
The bond will support the development of an active UK market in environmentally friendly capital market products.
To do so, we are collaborating with the University of Chicago and London School of Economics, as well as talking directly to asset managers at social impact investment funds, about the quantitative (not qualitative) social impact return valuation methodologies that they employ.