We have published our new sustainability report. It provides an overview of our impact in 2024.
- We are privileged to work alongside our clients in projects that promote sustainable development, whether bringing about the energy transition, developing sustainable finance or building sustainability due diligence processes. Our ESG and Corporate Sustainability service, launched in 2024, has established a position as the leading ESG practice among Finnish law firms.
- Gender equality is in a good place in many respects. Equality of pay between women and men lawyers at C&S was validated by an external survey. In addition, men colleagues take more parental leave in terms of working months than before.
- Our work for diversity and inclusion shows good results. According to a survey carried out with an external partner, C&S employees feel part of the team and think they can be their authentic selves at work. This sense of inclusion was strong also among employees who identify with minorities.
- We improved our emissions inventory by complementing data on air travel.
- We completed our first double materiality assessment in line with the new European standards, which clarified the picture of the sustainability topics that matter the most for us and our stakeholders.
In the end, sustainability does not happen in reports but in the daily work. We are grateful to our clients, employees and partners who helped us build sustainable success stories in 2024.
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Puhdistamo – PK Consumer Health invests in Puhdistamo
We advised the shareholders in Puhdistamo – Real Foods Oy in the sale of all shares in Puhdistamo to PK Consumer Health. Puhdistamo is a leading Nordic wellbeing company, best known for its high-quality supplements, sports nutrition products and, functional beverages. Puhdistamo employs 120 employees in Finland and Sweden. PK Consumer Health is owned by Avista Healthcare Partners and Damier Group. The sellers will make a reinvestment into PK Consumer Health as part of the transaction. Completion is subject to customary closing conditions.
Case published 15.1.2026
Urban Partners – Financing of EUR 100 million construction project in Herttoniemi, Helsinki
We advised the real estate investor and developer Urban Partners in the financing of a EUR 100 million construction project in Helsinki, which combines build-to-rent housing and care homes within one scheme. A fund managed by Urban Partners (NSF V) purchased the plot of land in Herttoniemi, Helsinki and subsequently secured planning consent to deliver a hybrid living scheme. The modern complex will offer high-quality housing and care facilities for the elderly alongside rental accommodation. A total of 425 apartments and 108 care homes will be delivered across four buildings on the site. The project will be implemented in accordance with Urban Partners’ sustainability targets. All buildings will be constructed to energy class A, and the project will aim for the highest Platinum level of the international LEED environmental certification and will be implemented in accordance with the EU taxonomy criteria.
Case published 5.1.2026
Citycon – Sale of a 275-apartment residential portfolio
We assisted Citycon Oyj in the sale of the Lippulaiva residential assets in Espoo, Finland. The sold residential assets consist of 275 apartments totaling approximately 13,000 sqm, located in connection to Citycon’s Lippulaiva shopping centre. The assets were sold at their latest IFRS book value for a gross purchase price of EUR 61.5 million.
Case published 19.12.2025
S-Bank – Issuance of EUR 150 million SNP notes and tender offer for notes maturing in 2026
We advised S-Bank Plc in its issuance of a EUR 150 million Senior Non-Preferred Notes and on the tender offer of its EUR 150 million Senior Preferred MREL Eligible Notes maturing in 2026. The tender offer required prior approval from the Finnish Financial Stability Authority based on the Commission’s regulatory technical standards (EU) 2023/827. The Stability Authority granted S-Bank a permission for repurchases of the notes. Based on the permission, S-Bank replaced the notes with own funds or eligible liabilities instruments of equal or higher quality at terms that are sustainable for the income capacity of S-Bank. According to the final tender offer results published on 10 December 2025, S-Bank repurchased a total of EUR 97.9 million of the notes. The new notes will pay a floating interest rate, which is determined based on 3-month Euribor added with a margin of 1.35 per cent. The notes were issued on 11 December 2025 and listed on Nasdaq Helsinki Ltd. The maturity date of the notes is 11 December 2029. The purpose of the issue was to meet the minimum requirement for own funds and eligible liabilities (MREL) and to finance the bank’s activities.
Case published 18.12.2025