Sustainability / ESG

Sustainability has many aspects. One of them is how businesses can contribute to a more sustainable world – an issue that is gaining in importance. More and more companies are asking themselves how they can make their business practices more sustainable – including CMS Germany. Not only because they believe it is the right thing to do, but also because of new statutory requirements. Customers, investors and business partners across all sectors are calling for a tangible commitment to more sustainable ways of doing business. For job applicants, a commitment to sustainability is fast becoming a deal breaker. In some industries, entire business models are being transformed along ESG lines.

What role does the law play in sustainable business operations? Legislators and companies alike have recognised that the law can be used as a tool for making sustainability a reality. Anyone seeking to align their business with ESG principles soon discovers that from a legal viewpoint, we are still a long way from exhausting all the options. The current trend is often referred to as “juridification”.

Anyone who fails to put sustainability on their corporate agenda will eventually become unviable and unable to keep up with client requirements and employee expectations. Accordingly, CMS attaches great importance to operating in a resource-efficient and sustainable manner. This shared commitment is part of our daily business and social responsibility.

Dr. Martin Vorsmann, Managing Partner

CMS helps clients in a number of ways to apply the law effectively as part of their sustainability strategy and challenges, to reduce risk and to comply with new regulatory requirements. As a full-service law firm, we have relevant expertise in all the legal aspects of sustainable business practices. To better serve you, we have brought this expertise together in a practice group consisting of ESG specialists from a number of legal fields.

• Environment & Climate Change
• Social & Human Rights
• Corporate Governance & Risk Compliance
• Sustainable Finance