With the legal sector contributing £1.25tr to the global economy, promoting and delivering meaningful change is crucial and the sector can play a vital role leading change to mitigate climate change.
We have proudly joined the Legal Charter 1.5 as a ‘Dialogue Partner’. The Legal Charter 1.5 is an initiative developed by a group of law firms that aims to shift thinking and drive change to mitigate the climate crisis. It consists of a set of principles that contribute to reducing greenhouse gas emissions to restrict global temperature increases to no more than 1.5°C.
We have committed to help achieve the Charter’s aims, focussing particularly on collaborative work concerning ‘Advised Emissions’ and ‘Matters and Mandates’:
Advised Emissions
The Advised Emissions working group focusses on researching methodology to measure emissions when working with clients. The group looks at scenario modelling to estimate emissions for particular sectors; the type and source of emissions relating to advice; and the environmental impact assessment of advice.
Matters and Mandates
The Matters and Mandates group explores how to assess the environmental impact of legal work, with a view that classifying matters according to their contribution to the energy transition can encourage responsible strategic development. The group seeks to balance several objectives by agreeing upon classification methods.
With numerous lawyers specialising in these areas, by participating in this work we both inform our own approach and help develop sector-led frameworks. This is an important step to embedding responsible practices and governance moving forward across the legal industry.
