Dentons recognised as one of Canada’s Greenest Employers

Dentons is proud to be recognised as one of Canada’s Greenest Employers for five consecutive years. The firm continues to work with our environmental champions across our Canada platform to build a culture of environmental awareness, enhancing how we affect change.

Canada’s Greenest Employers is an editorial competition organised by the Canada’s Top 100 Employers project, designed to celebrate organisations who have developed exceptional sustainability initiatives.

“We are excited about the significant steps forward we have made as one of Canada’s green employers,” said John Esvelt, Chief Risk Officer. “Our people are passionate about environmental sustainability, and we’re proud of our collective efforts over the past five years to reduce our footprint across a number of processes throughout the firm.”

Dentons continues to identify innovative opportunities and promote wellness through eco-conscious programs to support the Firm’s shared value of minimising our environmental impact across our offices and within our communities. Recently, the firm moved to fully digital pay statement distribution system, removing the need to print pay statements for all 1300+ team members across Dentons Canada, reducing our carbon footprint. Here are some other ways Dentons is making our planet a little greener:

  • Eliminated our daily overnight interoffice mail services moving from daily deliveries to twice a week across Canada, reducing our environmental footprint by 60 percent
  • Equipping our team members with technology and replacing paper-driven processes with technology enabled solutions to increase efficiency and minimise paper consumption
  • Providing internal learning sessions on the merits of plant-based eating from a certified Plant Based Nutrition expert
  • Supporting a local packaging-free grocery store as part of the Vancouver Safety, Workplace Improvement, Sustainability and Health (SWISH) committee’s environmental wellbeing series

For more information on this award, visit Canada’s Greenest Employers.

White & Case Advises E.ON on €750 Million Green Notes Issuance

Global law firm White & Case LLP has advised E.ON SE on the issuance of Green notes with an aggregate principal amount of €750 million.

E.ON intends to use an amount equal to the net proceeds from the issuance for ‘Eligible Green Projects’ in line with its Green Bond Framework, which is the first EU Taxonomy aligned green bond framework.

The notes have a term of slightly under 12 years and a fixed coupon of 0.600%, and were admitted to trading on the regulated market of the Luxembourg Stock Exchange.

The White & Case team in Frankfurt which advised on the transaction was led by partner Karsten Wöckener and included local partner Peter Becker and associate Daniel Gillenkirch.

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DLA Piper commits to reduce greenhouse gas emissions

DLA Piper International has committed to set science-based targets to reduce emissions across its entire value chain through the Science Based Target initiative (SBTi), a coalition established in 2015 which enables companies to set emission reduction targets in line with the Paris Agreement.

The initiative champions science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations (UN) Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi is the lead partner of the Business Ambition for 1.5°C campaign – an urgent call to action from a global coalition of UN agencies, business and industry leaders, calling on companies to set science-based targets that align with limiting global temperature rise to 1.5°C above pre-industrial levels.

DLA Piper’s International Co-Head for Sustainability and Environmental, Social and Governance (ESG), Natasha Luther-Jones, said: “Climate change is a serious and pressing issue, and we all have our part to play in supporting a more responsible approach to greenhouse gas emissions. Being part of the Business Ambition for 1.5 degree campaign and setting verifiable science-based targets allows us to step up our ambition to tackle the climate crisis as we make adjustments over the coming months and years to deliver against our targets.”

International Co-Head for Sustainability and ESG, Jean-Pierre (JP) Douglas-Henry, added: “We all have our part to play in transitioning towards a more sustainable future and signing up to Science Based Targets is just the first of many steps we’ll be taking over the next year.”

Jacqueline King, Chief Operating Officer, added: “Reducing the impact our business has on the environment is an important part of our sustainability journey. Over the coming months, and led by our International Energy and Climate Committee, we will develop the strategy and plans across all our operations and value chain to deliver the target for verification by SBTi as we play our part to limit global temperature rise to 1.5 degrees. This is just the first, but important, step towards increasing and intensifying our focus on the impact we have on the communities in which we operate and we look forward to announcing more advances in the near future.”

KPMG kick off World Environment Day with Blue Planet II producer

KPMG began World Environment Day today by hosting a series of events around the UK with the award-winning producer of BBC’s Blue Planet II, Mark Brownlow, to raise awareness of the environmental issues effecting the globe. The events also aim to encourage individuals at the firm to think about how they can make a difference.

During the events, colleagues will be able to gain further insight into KPMG UK’s environmental programmes. These cover KPMG’s plastics commitment, the impact they are having on the business, the individual, and the wider environment, whilst making their own personal pledges to improve their environmental footprint.

“At KPMG we know that to be a responsible business we need to take positive action towards the issues we are seeing in today’s environment, and not just pay lip service,” said vice chair of KPMG UK, David Sayer. “We are working hard to reduce our environmental impact by operating in the most efficient way possible, and we are proud to have reduced our carbon emissions by 27%, exceeding our target of 20% reduction by 2020,” he added.

Following on from the launch of the firm’s “Waste in our Time” campaign, which was introduced last year, KPMG has provided all of its UK staff with re-usable water bottles to make their plastics commitment a reality. Through the removal of plastic water cups, the switch to metal cutlery and replacing more than 3 million plastic vending cups with compostable and paper alternatives, the firm has so far successfully removed 7.4 million items of single use plastics from all national offices.

“Through the firm’s “Waste in our Time” campaign we have seen a number of positive changes both on an individual and an organisational level. We have saved approximately 225 trees and 1000 bags of general waste each month through replacing paper hand towels in the toilets of two of our largest offices with energy efficient hand driers,” Sayer said.

“We have saved our staff in excess of £7,000 over the past year through offering 15p discount when utilising reusable coffee cups, and our plastics reduction throughout our UK offices has been phenomenal, this is all down to the commitment of our staff to provide a better place for everyone to work,” he added.

Sayer also acknowledged that being a socially responsible firm is becoming increasingly important to attract the best young talent.

“On a purely business level, our environmental impact is important to both our clients and our suppliers who are increasingly asking us more detailed and sophisticated questions about the work we are doing. We also need to get this right in order to attract the best talent, as we know that millennials and Gen Z are increasingly seeking out socially responsible employers above all others, so the need for continuous improvement on our part has never been greater,” he said.

Dan Thomas, Head of Corporates, KPMG UK added, “World Environment Day is challenging us all on what we can do to help beat air pollution. The corporate world has a huge role to play and promisingly, five firms a week are now setting sustainability targets.

“Where we are starting to see real momentum is around the use of plastics; in addition, to creating a cleaner, safer environment, this will help the problem of air pollution too. Global plastic production emits 400megatons of greenhouse gases each year – that’s more than the UK’s total carbon footprint.