1.7.2021

C&S Joins Net Zero Lawyers Alliance

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 references

We advised Foundation Clinic in connection with its funding round backed by a group of prominent Finnish technology entrepreneurs and investors, including founders behind Supercell and Wolt. Foundation Clinic is a Finnish healthcare company developing a new approach to private healthcare focused on preventive, data-driven and continuous care. The company aims to combine comprehensive health data with ongoing medical care to identify and address health risks at an early stage.
Case published 29.10.2026
We advised Delta Capacity AG in a project financing of two battery energy storage systems (BESS). The financed projects are among the largest BESS developments in Finland to enter construction with 250 MW / 600 MWh combined capacity. The financing was provided by Société Générale with support from Finnvera. Construction of both projects, located in Lapinlahti and Teuva, has already begun and the commercial operations are targeted to commence in late 2027 with partial tolling agreements already in place for both assets. The project in Lapinlahti is executed in partnership with Covenergo, while the project in Teuva is executed in partnership with Strioga Family Foundation. Delta Capacity is a Swiss developer of utility-scale battery storage systems. The projects strengthen Delta Capacity’s growing Nordic portfolio and support the flexibility of Finland’s electricity system by adding energy storage capacity, enabling production optimization as well as participation in electricity markets and reserve services.
Case published 28.10.2026
We acted as legal adviser to Martela Corporation in its directed share issue, through which Martela raised gross proceeds of approximately EUR 7.2 million to strengthen the company’s financial position and liquidity and to create headroom for continuing the necessary development and efficiency measures. In connection with the directed share issue, Martela’s unlisted series K shares, which carried greater voting rights, were combined with its listed series A shares. Following the combination, the company has only one share series, which is traded on the regulated market maintained by Nasdaq Helsinki Ltd, with each share carrying one vote and otherwise identical rights. Martela is a Nordic leader specialising in user-centric working and learning environments. With over 80 years of experience, Martela creates the best places to work and offers its customers the Martela Lifecycle solutions which combine furniture and related services into a seamless whole.
Case published 27.10.2026
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