ESG and sustainability
ESG considerations are driving businesses globally to re-think, re-calibrate and sometimes even re-invent business models. M&A is at the heart of this transition to a sustainable future.
Both physical and transition risks are increasingly influencing the value of businesses and their profitability. Understanding these issues in the context of corporate transactions is a vital component of robust due diligence, and goes to the heart of the value deals can deliver.
We advise on ESG considerations across the full lifecycle of transactions including acquisitions, divestments and carve-outs, JVs, IPOs and demergers, helping disrupted industries and newly unsustainable business adapt to the constantly evolving backdrop of ESG regulation.
We help our clients assess the physical, people, regulatory and litigation risks facing their investments and seize opportunities afforded by the energy transition. Our team is supported by a global network with deep ESG experience, providing support on sustainable corporate governance, ESG compliance and reporting, human rights and supply chains, employment, green antitrust and sustainable finance aspects of transactions.
Advising on ENEOS Corporation’s $1.05bn acquisition of JSR Corporation's global elastomers business.
This ground-breaking deal marked the pivotal moment of the largest oil company’s chemical shift and won Mergermarket’s Industrials & Chemicals M&A Deal of the Year.
Advising on Toray Industries’ joint venture with LG Chem.
Under this arrangement, LG Chem will invest $375m in Toray Industries Hungary, a 100 per cent subsidiary of Toray engaged in the manufacture and sales of battery separator film in Hungary. This key strategic deal for the client was part of their efforts to pivot in the EV market in response to changing market dynamics. We assisted the client’s in-house legal team and we are currently handling various vendor contract negotiations, particularly with renewable electricity certification agencies and virtual power purchase agreements.