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Publication 05 Aug 2020 · United Arab Emirates

Journey to NetZero

2 min read

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In the same way as all businesses are now ‘tech businesses’, all businesses are now ‘green businesses’. Whether a law firm, an energy company, a global bank, a real estate developer, a pharmaceutical company or a technology company, we all share an ethical and business imperative to address climate change across our own operations. We believe, by sharing how we will achieve NetZero, we can support each other to secure a sustainable future for us all.

Reducing our carbon emissions 

CMS UK and its international offices was the first of only two law firms globally to announce and set a near-term Science-Based Target to measure our carbon reduction progress. We are aiming to reduce our emissions 30% by 2025 and 50% by 2030, across Scopes 1, 2 and 3. We are in the process of setting a Net Zero Standard approved by the Science-based Targets initiative (SBTi) in line with their revised guidance.

Sustainable supply chains

Scope 3 emissions are those created by an organisation’s supply chain. We are actively engaging with our supply chain to encourage them to reduce their impact on the environment. This includes rigorous procurement processes and workshops to support suppliers with climate action. 

Decarbonisation

From oil and gas majors to institutional investors, the advice we are providing and experience we are garnering on climate change benefits clients across multiple sectors. Our deep understanding of the Energy sector and its transition to decarbonisation helps bring insight on climate change issues and transformation to clients across all sectors.

We provide crucial advice to governments and businesses as they engage with the challenge of climate change and shape their responses to it. 

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