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Ecological Transition

Discover our multidisciplinary and global offer designed for the long term

Environmental issues have become increasingly important over the last thirty years. Yet the signing of the Paris Agreements in 2015 marked a break with the past. It has reflected a shift in thinking in favour of a global ecological transition, taking into account global issues and the needs of future generations.

These issues, which have become universal, cross-cutting and a priority, are stakes for the vast majority of our firm’s clients: reinvention of the energy model, development of renewable energy sources, transformation of industrial tools, massive renovation plans for service sector buildings, development of the circular economy, rise of green finance, frustrated birth of ecological taxation, switch from all-oil transport to clean mobility, etc. No economic sector is immune from these upheavals and the demands of social and environmental responsibility are creating a form of urgency where the pressure did not use to appear to be so strong.

Our firm, a player in this transition, has recognised multidisciplinary expertise, which enables it to understand the issues and to serve the objectives pursued by its clients in this demanding context.

Supporting you at every stage of your issues in relation to ecological transition

Our lawyers who specialise in ecological transition can support you on the following aspects and offer you relevant and innovative solutions, adapted to your ambitions and to your constraints: Energy, Environment, Green financing and sustainable investments, Environmental, social and governance criteria (ESG), CSR and extra-financial reporting, Corporate law and ethical CSR, Public law, Customs and competition, Taxation, Project finance, State aid, Property.

Sustainable development, the transition to a new economic and social model, the evolution of our forms of producing, consuming and working and living together are at the heart of our commitments. True to the firm’s culture, our lawyers are there to support you over the long term, to help you adapt to the policies, regulations and requirements of your partners and clients, in France and internationally, at the service of your projects and your organisations.


In order to help you conduct your projects successfully, the following teams are at your disposal:

Adapted to all of your needs;

Supported by doctrine teams and cutting-edge knowledge managers;

Working in collaboration with referring institutions, financial institutions and consultancy firms, etc.;

International, thanks to the presence of the 4,800 lawyers of the CMS network, spread over more than 70 offices around the world.


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Energy transition
Supporting economic players with their energy transition
Energy supply security
Helping you to reconcile the ecological transition and supply security
Circular Economy
Understanding a product throughout its life cycle, from conception to disposal
Sustainable infrastructure
Supporting you in the ecological transition of your infrastructure projects
Sustainable Property
Conceiving and designing the responsible property of tomorrow
Ethics and CSR
Our lawyers support you with your strategy
Sustainable finance
Our firm’s offer in the field of financing tools and instruments that help to achieve the green transition
Environmental taxation
A vital tool in the ecological transition


Sus­tain­able Bond of the De­vel­op­ment and In­vest­ment Bank of Türki­ye
Türki­ye Kalkınma ve Yatırım Bankası A.Ş. (TKYB) (De­vel­op­ment and In­vest­ment Bank of Türki­ye), the de­vel­op­ment fin­ance in­sti­tu­tion, 99.08% owned by the Min­istry of Treas­ury and Fin­ance, has suc­cess­fully...
FM Hold­ing Cor­por­ate is­sues a €124,200,000 sus­tain­ab­il­ity-linked Euro PP
CMS Fran­cis Le­fe­b­vre ad­vised FM Hold­ing Cor­por­ate on the is­sue of its first sus­tain­ab­il­ity-linked Euro PP.The bonds were is­sued for a total amount of €124,200,000 in three tranches, with ma­tur­it­ies...
Bey­ond a strict ap­plic­a­tion of all ex­ist­ing leg­al pro­vi­sions re­lat­ing to en­vir­on­ment, cor­por­ate gov­ernance and em­ploy­ment, ESG (En­vir­on­ment­al, So­cial and Cor­por­ate gov­ernance) is be­com­ing a ma­jor factor...
Green Bond of the De­vel­op­ment Bank of South­ern Africa (DBSA) sub­scribed...
The De­vel­op­ment Bank of South­ern Africa, a South Afric­an de­vel­op­ment fin­ance in­sti­tu­tion, has suc­cess­fully is­sued in Feb­ru­ary 2021 its first green bond. The €200m bond was gov­erned by French law and...
SF­DR and mar­ket un­cer­tainty: The post-10 March im­plic­a­tions for fund dis­tri­bu­tion...
Al­though SF­DR comes in­to force on 10 March, it is clear this is only the start of the jour­ney. As we ap­proach 10 March it is clear that cli­ents are turn­ing their minds to:con­cerns around the dif­fer­ing...
Com­bat­ing plastic: what the Anti-Wastage & Cir­cu­lar Eco­nomy Law says
In or­der to meet the re­quire­ments set at European level1 for re­du­cing plastic, the Anti-Wastage & Cir­cu­lar Eco­nomy Law lays down the prin­ciple ac­cord­ing to which France has set it­self the ob­ject­ive of...
Meas­ures re­lat­ing to wastage in the Anti-Wastage & Cir­cu­lar Eco­nomy Law
The Anti-Wastage & Cir­cu­lar Eco­nomy Law com­ple­ments the ex­ist­ing meas­ures in the com­bat against food wastage and in­tro­duces new ones for non-food products. Re­in­force­ment of meas­ures to com­bat food wastage...
Meas­ures re­lat­ing to waste in the Anti-Wastage & Cir­cu­lar Eco­nomy Law
Re­in­force­ment of waste man­age­ment ob­lig­a­tions  "Waste" should be un­der­stood to mean "any sub­stance or any ob­ject, or more gen­er­ally any mov­able good, which the hold­er dis­poses of or which he in­tends...
Re­in­force­ment and ex­ten­sion of the ex­ten­ded pro­du­cer re­spons­ib­il­ity (EPR)
Re­in­force­ment of EPR  With­in the new gen­er­al in­tro­duct­ory pro­vi­sions to the part of the En­vir­on­ment­al Code gov­ern­ing the EPR, the Anti-Wastage & Cir­cu­lar Eco­nomy Law lays down sev­er­al im­port­ant prin­ciples:The...
Anti-Wastage and Cir­cu­lar Eco­nomy Law
Law no. 2020-105 of 10 Feb­ru­ary 2020 on com­bat­ing wastage and on the cir­cu­lar eco­nomy (here­in­after "Anti-Wastage & Cir­cu­lar Eco­nomy Law"), which was one of the le­gis­lat­ive pri­or­it­ies for 2019/2020, should...
New ob­lig­a­tions to in­form con­sumers
A cir­cu­lar eco­nomy ne­ces­sar­ily re­quires great­er trans­par­ency vis-à-vis the con­sumer. To this end, the Anti-Wastage & Cir­cu­lar Eco­nomy Law im­poses on com­pan­ies nu­mer­ous new ob­lig­a­tions in­ten­ded to bet­ter...
First Ceetrus Green Bond
Ceetrus, a com­mer­cial real es­tate com­pany and mixed-use real es­tate de­veloper of the Auchan Group, has suc­cess­fully is­sued its first Green Bond placed with in­sti­tu­tion­al in­vestors for a total amount of...