As the push towards ESG-focussed business practices gains momentum, Asian law firms are playing a vital role in guiding clients through the complex regulatory landscape, helping clients identify regulatory risks and potential opportunities, as well as providing legal protection and solutions. In this inaugural ranking, ALB spotlights 15 law firms that are delivering exceptional legal services in the ESG space.
Can you discuss the types of services your firm offers to help clients meet their ESG goals and objectives?
We advise various clients in various ESG matters, including climate tech, emission reduction projects, green finance and sustainable financing, net zero and low carbon transition and nature-based solutions projects. We also advise on ESG strategies and policies to be integrated into the business operations of our clients.
How does your firm assist clients in understanding and navigating the various regulations and guidelines related to ESG issues?
We are keen to be updated with the regulations in the ESG sector. We are also eager to maintain good relationships with relevant stakeholders to gain a better understanding and insight beyond the law. We recently held the first periodical client breakfast meeting with our clients to provide the development of ESG regulations and Indonesia’s carbon market development.
Can you provide examples of how your firm has helped clients develop and implement sustainability strategies, such as reducing their carbon emissions or increasing their use of renewable energy?
We work with various project developers that are looking to provide nature-based solutions, forest conservation and carbon offsets. We successfully assisted one of the largest private initiatives to protect and restore over 500,000 hectares of forest in Southeast Asia including Indonesia. We assist this project to conduct a legal assessment and legal due diligence for more than 28 social forestry concessions in Indonesia.
How does your firm collaborate with clients to ensure ESG considerations are integrated into their business operations and decision-making processes?
ARMA works closely with clients to integrate ESG policies by providing tailored advice and support, to help clients identify ESG risks and opportunities, develop effective strategies, and ultimately enhance their long-term sustainability and value, which include assessments, strategies, and contracts and transactions reviews to ensure that ESG considerations are adequately addressed.
Can you discuss the role your firm plays in advising clients on ESG-related risk management and how you help them identify and address potential ESG-related challenges and opportunities?
We always ensure that our clients understand the importance of pre-assessments and due diligence before delving into new ventures to consider the regulatory frameworks and standards that may be applicable to the client’s business.