Green Guide Profile: Creel, García-Cuéllar, Aiza y Enríquez S.C.
Mexican law firm Creel, García-Cuéllar, Aiza y Enríquez S.C. has dedicated practices for ESG and sustainable finance. Multidisciplinary teams from across the firm assist clients with strategy, compliance, and reporting commitments.
The ESG team advised Grupo Celanese on the environmental legal requirements pertaining to the shutdown and dismantling of a gas pipeline built by the client. The group led by Carlos de Icaza also assessed the possible rehabilitation of the industrial complex, and potential conversion into future sustainable land use.
In the sustainable finance space, the banking and finance teams are engaged with some of the most significant sustainability-linked and green financings in Mexico. A team led by Giovanni Ramirez Garrido assisted Fibra Macquarie Mexico with the negotiation and execution of a $90m sustainability-linked loan agreement. The firm also acted as Mexican counsel for the same client as the borrower in a $150m sustainability-linked credit facility.
In 2018, the firm developed its Model of Social Responsibility and adopted the UN Global Compact at the centre of its strategy. This includes a pro bono programme which supports a number of environmental causes, including the World Wild Life Fund and Parley for Oceans.