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PRIVACY
Opinionopinion

Lawyers - a help or hindrance in tackling Climate Change? - Part 2

The legal sector is a significant employer globally and our workforce is our principal asset.

Following on from the first part of my blog, which was inspired by the question, ‘what role could lawyers possibly play in combating climate change?’ in the run up to the next round of global climate talks in Peru in December, I’ll now look a little closer to home for some answers.

First and foremost, law firms are people businesses. The legal sector is a significant employer globally and our workforce is our principal asset. What we are witnessing now, more than ever, is that our people, especially our younger lawyers, care passionately about the future of our planet and want to be part of an organization that shares their concerns.  In a very modern trend, having a responsible and sustainable business model is now a key factor in recruiting and retaining the best talent – and I’m sure that’s not unique to the legal profession.

The same goes for the other principal stakeholders in our business, our clients, who are increasingly seeking suppliers whose principles align with their own and their legal advisers are no exception.

So, having a strategic plan embracing a commitment to sustainability, with responsible business practices, makes sound business sense to us. And for any law firm that takes an advisory role on climate change law and policy as we do, anything less comes with a degree of reputational risk.

But our commitment as a profession should run deeper than that. Lawyers have a unique role to play, both as role models and influencers. We can influence policy makers and legislators, and as respected advisers we have a leadership role to play in engaging in a positive way with our clients and other stakeholders. 

This is especially true of those lawyers working in-house, many of whom have a crucial role at board level in helping set the strategic direction of their employer. And thanks to initiatives such as the Carbon Disclosure Project, the sustainability agenda looks set to remain a board issue with larger corporates, as the linkage between environmental impact and business sustainability is increasingly reflected in investor preference and share price.

All good, but of course some would have it that lawyers are also part of the problem.  

It is clear that technological developments, like energy storage and decarbonized transport, requiring vast investment from the private sector, are likely to hold the key to resolving some critical challenges, but for clean tech, protection of intellectual property (IP) is vital.