Companies around the country and throughout the world have been encouraged and required to address environmental sustainability and global climate change. Government policies and requirements are being advanced at the state, federal, and international levels. Corporate and business stakeholders and shareholders are keeping companies accountable on their sustainability goals and exposure to other environmental risks and losses. Public companies, in particular, must establish systems to track, control, and report the risks and costs associated with these concerns.
Our firm assists clients in strategic approaches to these environmental and sustainability concerns. Effective and responsive action to climate change has become a new requirement for corporate environmental performance and social responsibility, and an expectation of local governments and the general public.
R+C's Sustainability Group provides counsel to companies and governmental agencies in successful approaches in this complicated and ever changing field. Our firm has an expansive knowledge of new and existing climate change policies such as the Regional Greenhouse Gas Initiative (RGGI), to U.S. federal initiatives, to the Kyoto Protocol. R+C's Sustainability Group helps our firm's clients assess and measure potential legal risks and opportunities of various strategies for response to corporate sustainability and environmental policies. Our firm structures successful strategies and approaches that encourage seeking a sustainable corporate culture and a triple bottom line.
Represented Fortune 100 company with design, development, and implementation of its sustainability program, including researching applicable and emerging law and policy, analysis of potential funding mechanisms to support the program, alignment of sustainability goals with business objectives, and development of an organizational structure consistent with the client’s corporate structure and culture.
Advise clients regarding how various climate change initiatives (e.g., RGGI) and state renewable portfolio standards affect development.
Counsel to several clients in connection with analysis of participating in various mandatory and voluntary renewable energy and energy efficiency credit markets, including reviewing the applicability of certain technologies in various programs, determining the legal status and financial treatment of various credit instruments, and negotiating contracts for the verification, marketing, and sale of credit instruments.
Worked closely with Fortune 500 Company's legal and technical personnel to assess emerging federal, state, and regional greenhouse gas control programs, identify potential burdens and opportunities, and develop related corporate strategies.