C&S joins an industry-led group of leading law firms as a founding member of the Net Zero Lawyers Alliance (NZLA), a coalition committed to accelerating the transition to net zero emissions by 2050.
The launch of the Alliance underlines the commitment of commercial law firms to help to accelerate the Race to Zero. Member firms recognise their own role in the transition towards global net zero emissions of greenhouse gases, both directly and through the legal services we provide.
The NZLA is an approved Accelerator for the UNFCCC Race to Zero. All members of the NZLA support the goal of achieving Net Zero GHG emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5C (Net Zero).
C&S has already joined the Business Ambition for 1.5°C campaign last year. As a member of the UN Global Compact, we are committed to the UN Sustainable Development Goals and to combating climate change. Read more about our climate work.
The Alliance will help to reinforce, accelerate and support the implementation of internationally coherent legal frameworks and guidelines for the transition to net zero. It recognises the critical role of commercial law firms, lawyers and the law in achieving the transition and decarbonisation as well as the need to work across sectors to achieve this.
NZLA members commit to ensuring that they engage with their clients’ own transition and decarbonisation objectives.
NZLA RACE TO ZERO MEMBERS
The inaugural members are Arthur Cox, Baker McKenzie, Bates Wells, Burges Salmon, Castrén & Snellman, Clifford Chance, Clyde & Co, DLA Piper, Draper & Draper, Eversheds Sutherland, Herbert Smith Freehills, Hogan Lovells, Mattos Filho, Veiga Filho, Marrey Jr. & Quiroga, Mishcon de Reya, Pinsent Masons, Pollination Group, Reed Smith, Shearman & Sterling, Slaughter and May and Taylor Wessing.
The NZLA was launched on 30 June during London Climate Action Week (LCAW).
Latest news
Latest references
Prisma Properties – Acquisition of a retail property
We advised Prisma Properties in a real estate transaction in which the company acquired a retail property in Helsinki from Hartela. The acquired property was built specifically for the discount retailer Jula. Completed in October 2025, the property is modern and very energy-efficient, and it is fully leased to Jula under a 10-year lease agreement. The property located in the Konala district, adjacent to the busy Ristikko shopping centre, spans 2,600 square metres. Prisma Properties is a fast-growing developer and long-term owner of modern properties for discount retail, grocery retail, and quick-service restaurants. The company operates across the Nordics and manages a property portfolio valued at approximately EUR 650 million, primarily consisting of newly developed properties with long lease agreements.
Case published 29.10.2025
SRV – Sale of SRV Infra
We advised SRV Group Plc in its sale of SRV Infra Ltd to Kreate Ltd. The completion of the transaction is subject to regulatory approvals. The parties expect the transaction to be closed by the end of 2025. SRV, established in 1987, is a Finnish developer and innovator in the construction industry. The company is listed on the Helsinki Stock Exchange. In 2024, SRV’s revenue totalled EUR 745.8 million.
Case published 27.10.2025
Suomen Aurinkovoima – Financing arrangement to build solar parks
Castrén & Snellman acted as legal advisor to Suomen Aurinkovoima Oy and its owners in a financing tender process and a financing arrangement implemented with Danske Bank to secure financing for the company’s future solar park projects. Suomen Aurinkovoima, established by Oulun Seudun Sähkö, Oulun Energia, Vantaan Energia and Savon Voima, is a company focused on increasing domestic solar power. The company manages solar park projects from planning to implementation and maintenance, and its goal is to build dozens of new solar parks across Finland by 2030.
Case published 22.10.2025
DNB Bank ASA – Lease and development of premises
We advised DNB Bank ASA in its agreement with Fennia Mutual Insurance Company on the development and lease of the premises at Fabianinkatu 8, Helsinki. With the lease agreement, DNB Bank ASA will focus all its Finnish operations at the Fabian 8 office. The other tenants at the renewed premises will be DNB Carnegie Investment Bank AB’s Finnish operations and DNB Auto Finance Oy. In connection with the long-term lease agreement, the parties also agreed on a major renovation project to completely refurbish the premises. The object of lease will be completed in the second half of 2027.
Case published 10.10.2025