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Environmental Social Governance Law Firm in Serbia

Environmental, social and governance (ESG) criteria are at the forefront of corporate strategies, due to investor, customer and regulator expectations. The topic has been gaining momentum and is expected to accelerate in the coming years.

ESG is broadening its scope of influence to cover all economic and policy sectors now. From energy, finance and urban planning to tax – these are just a few of the areas that are being impacted.

We advise clients – from multinationals to start ups – in all sectors and areas of ESG-related law, including future mobility, climate change strategies, ESG due diligence and risk assessments, corporate digital responsibility, sustainable supply chains, whistleblowing, ESG funds and green real estate finance.

At CMS, our approach is integrated and multidisciplinary – this enables us to anticipate and understand the issues in the rapidly evolving ESG landscape which in turn allows us to develop innovative solutions for and with our clients.

With their in-depth expertise in these areas, our teams of lawyers around the world identify risks and threats while seizing opportunities arising from the increasing focus on ESG for our clients.

Our aim is to help our clients successfully meet the demands of climate change, technological disruption, urbanisation and social concerns.

Please contact any of our ESG lawyers to explore solutions to your needs.


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08/07/2024
Legal guide for company directors and CEOs in Serbia
Because environmental, social and governance (ESG) is such an increasing focal point of good corporate governance, we address ESG duties and responsibilities first. For more general duties and re­spons­ib­il­it­ies...
12/03/2024
After EU Commission's first decision on Carbon Contracts for Difference,...
The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Fol­low­ing the...
08/03/2024
Effects of the ESG Transformation on D&I – Is it helping with developing...
This International Women's Day, join us for an online discussion on the effects of the ESG transformation in developing diversity and in­clu­sion.  Or­gan­ized on 8 March 2024, this event is a testament to our ongoing commitment to championing the cause of women across all spheres of professional life.  Our goal is to explore whether the ESG transformation has been a catalyst for developing equality, offering insights into how these global standards are reshaping the dynamics of D&I. Event high­lights:En­gage with an esteemed panel of speakers who are at the forefront of the ESG and D&I do­mains. Ex­am­ine the tangible impacts of ESG initiatives on creating equitable opportunities for all. Discover strategies and best practices for integrating ESG and D&I principles. Enjoy a spotlight on women's advancement.  Featured speakers Luciano Duque-Cordero, Legal Counsel at UniCredit Bank Austria AG and External Lecturer at FH Joanneum, brings a wealth of international legal expertise, with a focus on financial services and corporate law. His diverse experience spans across Austria, China, and various global roles, offering unique insights into the ESG transformation's impact on diversity and inclusion. Fiona Watson, Senior Director in Redefining Value at the World Business Council for Sustainable Development (WBCSD), a role that leverages her extensive background in corporate law, finance and sustainability. Her work in leading transformative agendas around corporate performance and accountability makes her an authoritative voice on the intersection of ESG initiatives and D&I efforts. Your participation matters! Whether you're a seasoned professional or just embarking on your career journey, your voice adds valuable perspective to our collective exploration of ESG's role in shaping a more equitable world. Join us in shaping a more inclusive future this International Women's Day.
23/02/2024
The CBAM – what is it and how will it affect the market?
Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism (CBAM) entered into force on 17 May 2023. The implementation of the CBAM has been divided into a transitional period (from 1...
25/01/2024
Emerging Europe M&A Report 2023/2024
Despite geopolitical tensions, fears of recession and strong inflationary pressures across the EU, as well as the fiscal tightening needed to contain them, M&A in the CEE region has remained reasonably buoyant. Findings from the CMS Emer­ging Europe M&A 2023/24 report, published in cooperation with EMIS, demonstrate the resilience of the Emerging Europe deals market as activity holds firm against a backdrop of geopolitical tensions and strong inflationary pressures. Welcome to the 2023/24 edition of the Emerging Europe report.
19/01/2024
Greenwashing: Stricter EU rules on environmental marketing ban misleading...
On 17 January 2024, the European Parliament voted to adopt the Directive on Empowering Consumers for the Green Transition (the ECGT Directive), which seeks to protect consumers from various misleading...
19/01/2024
CBAM: Just over a week to comply
As the deadline for the first Carbon Border Adjustment Mechanism (CBAM) report approaches on January 31st, it is crucial for undertakings engaged in importing relevant goods into the European Union to...
08/12/2023
COP28: Global Health Under the Spotlight
Health took centre stage at the first ever ‘Health Day’ at COP28 on 3 December. The program focused the attention of world leaders on the profound public health-related issues stemming from climate...
24/11/2023
Carbon Border Adjustment Mechanism transition in effect since 1 October...
On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges...
21/09/2023
The European Corporate Sustainability Due Diligence Directive (CSDDD) –...
What is CSDDD?On 23 February 2022, the European Commission published its proposal for a Directive on corporate sustainability due diligence (the “Proposal”), which aims to foster sustainable and responsible...
30/01/2023
Emerging Europe M&A Report 2022/2023
The year 2022 started with various challenges, including rising inflation and energy prices. Then the Russian invasion of Ukraine added yet another one. Nonetheless, the M&A market in emerging European countries proved to be extremely resilient. The region saw M&A activity maintain a steady pace, though deal values were notably lower. Also, variations could be observed across territories and sectors. While 2022 brought a unique set of challenges, dealmaking largely compared favourably to pre-pandemic levels. Welcome to the 2022/23 edition of the Emerging Europe report.
29/11/2022
Radivoje Petrikić’s interview for Bloomberg Adria
New ESG regulations adopted by the European Union applicable to Serbian companies as well