PRACTICES

ESG

As modern corporate paradigms demand, our full-service ESG team provides the most comprehensive legal service offering in Argentina for clients focused on each pillar of ESG: environmental, social and corporate governance. We provide interdisciplinary legal strategies for local and multinational companies, multilateral organizations and international financial institutions (IFIs), startups, entrepreneurs and NGOs and not-for-profits, counseling on:

• Legal business structures for triple impact, including BCorps
• ESG due diligence for M&A and other transactions
• Environmental law and climate change
• Impact investments, including SGS bonds, carbon credits, microfinance, private social investments, and philanthropy
• Social license to operate (SLO)
• Corporate governance
• Compliance & risk assessments, ethics and anti-corruption
• Public law for national, provincial o municipal tenders
• Dispute resolution, arbitration and litigation
• Value chains and sustainable purchasing protocols
• Business human rights
• Aligning ESG legal strategies with SDG objectives

Our team is particularly proud of our unique service offering on climate change. Beccar Varela is the first firm in Argentina to specifically add climate change to our environmental legal services, counseling clients on related risk and compliance in their operations and value chains. Our environmental regulatory due diligence embraces sustainable and green business practices, including related social issues such as community participation in environmental reviews.

We are engaged in complex financial inclusion initiatives ranging from assisting NGOs to advising major financial clients on impact investing and SGS bonds, including the issuance of green notes and gender notes. Specifically, the team delivered ground-breaking regulatory changes allowing a not-for-profit to participate in the national capital market for the first time, opening the window to finance microcredit projects across the country. We also advised on the issuance of the country´s first SGS bond with a gender perspective.

We lead and participate in critical public policy initiatives leading to regulatory improvements to foster ESG, such as national legislation to allow for the incorporation of BCorps (“BICs” in Argentina).

Our team also works with law firms around the globe similarly dedicated to providing integral guidance to clients with regional or cross-border operations, evaluating their ESG impact and footprint across their entire value chain.

We are deeply committed to collaborating in the strengthening of a more sustainable society. Beccar Varela is unique among national law firms to demonstrate that we walk the talk and our understanding of corporate governance also means looking at our own corporate practices and transparently reporting on our own progress. As part of the firm´s continuous commitment to innovation and ESG, Beccar Varela was Argentina’s first full-service law firm to join the United Nations Global Compact and to issue a Corporate Sustainability report. Social commitment and inclusion is part of the firm´s DNA and we are proud of our decades-long Pro Bono Program.

Members of our ESG team have been recognized for their specific area of expertise by Chambers Latin America, and The Legal 500, among others.