With Science Based Targets initiative-approved ambitions to reduce scopes 1 and 2 emissions by 70% and scope 3 emissions by 50% by 2030, Linklaters LLP makes an active commitment to implementing and verifying carbon mitigation measures. To help meet these goals, a firmwide carbon reduction steering group has abated emissions generated from travel and consumption while procuring greater renewable energy and sustainable products. 

Boosted by the recent expansion of its US energy transition and renewables platform, the firm’s clean energy expertise includes advising Mayflower Wind on the development of an offshore wind project off the Massachusetts coast. The firm also represented Danish power company Ørsted across various projects, including on the Formosa 1 and Race Bank offshore wind farms, the North American carbon emissions quantification project ‘Project Vulcan’, and as a global sponsor on the development of a carbon capture and storage project in the US.

Recent hire in New York, Marius Griskonis assisted renewable energy developer Avantus with the sale of the construction-ready Big Rock 1 200 MW battery energy storage system project to Gore Street Energy Storage Fund. The transaction facilitates the deployment of the project and consequentially secures the reliability of renewable electricity on the Californian grid. 

In a landmark $2bn offering, the firm represented the Republic of Chile in its issuance of the first sovereign sustainability-linked bond. The interest rate of the notes is tied to the achievement of a 95 MtCO2e GHG reduction annually, the maintenance of a GHG budget under 1100 MtCO2e by 2030, and the expansion of renewable energy sources in Chile’s electricity mix to 60% by 2032.  

The firm is committed to making a positive impact within the legal community through pro bono work, taking instruction from B-Lab (who administer the B-Corp sustainability certification) on strategy, and advocating for environmental justice with Lawyers for Good Government to support the water crisis in Benton Harbor, Michigan.