Castrén & Snellman was the first Finnish law firm to join the UN Global Compact at the start of 2020. Our newly published first sustainability report summarises the work we have done so far and sets goals for 2021 that raise the bar even higher. We aim to continue being a forerunner of sustainability in commercial law and to continue building sustainable success stories with our clients.
18.2.2021
C&S Continues as a Sustainability Forerunner in the Legal Services Industry – Publishes 2020 Sustainability Report
Anna Kuusniemi-Laine
‘Joining the world’s largest corporate sustainability initiative has sharpened our focus. It has been a great pleasure to help our clients take climate action, for example, in wind power projects and carbon neutrality transformations. We have also been involved in sustainable finance and impact investing assignments. Our own work has the greatest impact through these kinds of projects’, C&S Head of Sustainability Anna Kuusniemi-Laine said of the first year.
As part of the Global Compact, the firm just published its first sustainability report, which sums up the firm’s sustainability work in 2020.
‘Our first year focused on climate action. We mapped our carbon footprint, set reduction targets for our emissions and compensated our 2019 emissions. W participated in a clean water project in Ruanda and started our own reforestation project in cooperation with a Finnish organisation called Carbon Deed. We also joined the Science Based Targets – Business Ambition for 1.5°C initiative and committed to its emissions reductions’, Kuusniemi-Laine continued.
In 2020, we also supported our personnel’s work-life balance and began work to promote diversity.
Our work on all fronts of corporate responsibility continues in 2021. One of the main goals C&S has set for itself this year is developing its expertise in human rights issues: among other things, the firm has join the Finland Chamber of Commerce’s human rights commitment and is carrying out a human rights review of its own operations.
Latest news
Latest references
Banyan Software – Acquisition of Carus Ferry
We acted as legal adviser to Banyan Software on its acquisition of Carus Ferry, a Finland-based provider of reservation, check-in and port operations software for ferry and passenger shipping operators. The acquisition further strengthens Banyan Software’s presence in the Nordic region while providing Carus with a long-term partner to support its continued growth and development. Carus was founded in 1998 and is headquartered in Mariehamn on the Åland Islands, Finland. The company develops mission-critical software for ferry, cruise and passenger shipping operators, covering the full passenger journey from booking and ticketing to capacity management, check-in and boarding. Carus also provides port automation, onboard sales systems and business information tools. The company serves approximately 30 operators across four continents and is the largest vendor by customer count in ferry reservation and departure control. Banyan Software is an acquirer and long-term operator of mission-critical software businesses serving specialised industries. Founded in 2016, Banyan follows a buy-and-hold-for-life approach and supports the long-term growth and development of its portfolio companies. Banyan operates more than 130 portfolio companies across North and South America, the United Kingdom, Europe and APAC. Following the acquisition of Carus, Banyan operates three businesses in the Nordic region.
Case published 20.10.2026
Move Energy – Combination of 3North Partners and Steady Energy and related private placement and IPO
We advised Move Energy as an investor in connection with the combination of 3North Partners Plc and Steady Energy Oy and the related private placement and initial public offering of the combined company on Nasdaq First North Growth Market Finland. In connection with the transaction, 3North Partners received approximately EUR 69.8 million in investor commitments from a group of institutional and other investors, including Move Energy, to fund the combined company. Steady Energy is a Finnish nuclear technology company developing a new generation of small modular reactors (SMRs) particularly suited for district heating. Its LDR-50 reactor is designed to provide cities and utilities with a scalable and low-carbon alternative to combustion-based heat production.
Case published 19.10.2026
Efima – Sale of AI business
We advised Efima Oyj on the sale of its AI business to Better Care Technologies Oy. The transaction included Efima’s Moiva AI platform developed for the care sector, the related technology and brand, customer contracts, and the experts working in the business. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere.
Case published 21.9.2026
Neoen – Sale of data centre
We advised Neoen Renewables Finland Oy, part of the French Neoen Group, in its sale of a data centre project to a consortium consisting of international data centre developers and operators. This marked Neoen’s first data centre development project in Finland. Founded in 2008, Neoen is one of the world’s leading independent renewable energy producers. The company operates in 15 countries. It develops, finances, builds, owns, and operates solar power plants, wind farms, and battery storage systems. Neoen Group is owned by global alternative asset manager Brookfield Corporation.
Case published 17.9.2026