Ranked as a Top 10 Global Law Firm, CMS are based in 40+ countries and 70+ offices worldwide. Over 4,800 lawyers offer business-focused advice tailored to our client’s needs, in their local market or across multiple jurisdictions. Our aim is to put our clients’ world at the heart of what we do.
ESG issues, notably climate change and sustainability, are some of the most important drivers of change in the world today. No longer considered matters reserved only for investors and asset managers, businesses throughout the world are increasingly coming under pressure from regulators, customers, employees and other stakeholders to take action and address ESG issues. With a changing legal and regulatory landscape, focus on sustainability and ESG brings both opportunities and risks for businesses in the real estate and infrastructure sectors.
Recognized as the #1 firm by UK legal directories for both real estate and infrastructure expertise, we understand how important sustainable investment is for economic growth, community wellbeing and financial returns. At CMS, our aim is to help our clients to navigate this rapidly evolving area and our multi-disciplinary team of experienced lawyers would be happy to discuss how a robust sustainability strategy could help future proof your business.
For 8 years in a row, the Real Estate team at CMS has produced an annual Thought Leadership report based on major pieces of industry research, addressing key issues facing the real estate sector and exploring market trends.
From pandemic to purpose
As we welcomed in a new year, the defining issue of the next decade looked set to be sustainability. The rise of ESG – Environment, Social, Governance – was no flash in the pan; it was now a guiding principle for global investors and institutions. Responding to the climate crisis was a priority. And then COVID-19 changed everything.
CMS’ real estate and real estate finance teams recently hosted a panel discussion exploring some of the trends, opportunities and challenges facing the real estate sector in the environmental, social and governance (ESG) sphere.