Abreu announces ESG services area

Abreu Advogados has announced a new integrated service for the development and implementation of Environmental, Social and Governance practices

pjimage 42Abreu Advogados has presented a new service to the market, dedicated to the analysis and implementation of practices related to ESG. Combining experience in monitoring sustainability issues and in response to the growing market need to respond to today’s global challenges, this latest offering is led by three partners, José Eduardo Martins (pictured left) (Environment), Pedro Pais de Almeida (pictured centre) (Social), and Alexandra Courela (pictured right) (Governance). The three partners will coordinate a multidisciplinary team that includes lawyers and consultants with experience in Sustainable Finance, M&A, Labor Law, Environmental Law, Litigation, and European Union Law, among other areas.

José Eduardo Martins, partner at Abreu Advogados said: “Our ESG service was developed to respond assertively to the inevitable path that organisations will have to travel in order to keep up with the rapid transition of the economy underway in Europe, which brings different challenges especially for companies, climate and environmental issues, areas whose legislation has been undergoing constant adaptations and revisions that place a strong pressure on public and private organisations to monitor and implement the new European and national measures.”

Pedro Pais de Almeida, partner at Abreu Advogados, added: “Our latest ESG service is in line with our relevant and vast experience from our own office. Throughout our history, we have understood corporate sustainability as inseparable from environmental, social and governance issues. Abreu Advogados was a pioneer, in Portugal, in the implementation of sustainable measures in our management, in the assumption of international commitments towards sustainability, but also in the measurement of our main sustainability indicators. In May 2009, we were the first law firm in Portugal to publicly share, every two years, a complete report of our environmental, social and financial data, in a clear bet on transparency that makes us proud but also aware of the challenge to be an example,” reinforces Pedro Pais de Almeida, partner at Abreu Advogados.

Alexandra Courela, partner at Abreu Advogados, said: “The integrated ESG service we present is our response to the current and future challenges of clients and partners in the face of an accelerated global context that calls for the revision of business models based on sustainability. Business decision-making is inevitable and it is increasingly clear that an activity of excellence may become irrelevant if it is not accompanied by an objective concern of the organisation for environmental issues and the social impact of management policies. We have recently witnessed significant changes and impact on the market, with an emphasis on financial markets, where sustainable investments and the integration of ESG criteria in corporate strategy have become priority criteria for the assessment of organisational quality and competitiveness.”

The ESG service is one of Abreu’s bets for 2021, aligning its strategic policy for advising on issues that in recent years have become central to transnational government policies.

Michael Heron