Debevoise & Plimpton LLP has further strengthened its efforts to achieve greater sustainability in its operations through two initiatives.
Debevoise has signed up to The Green Pledge, run by The Campaign for Greener Arbitrations. The campaign seeks to raise awareness of the significant carbon footprint of dispute resolution. It addresses the need for environmentally sustainable practices in arbitration, and encourages all to commit to the Campaign's Guiding Principles and reduce their carbon footprint when resolving disputes.
Debevoise’s international arbitration practice, one of the largest and most successful practices in the market, has signed the campaign’s Green Pledge, affirming its commitment to minimize its environmental impact through a wide range of practical measures.
More details of The Campaign for Greener Arbitrations can be found here.
As well as the new pledge, Debevoise has widened its carbon offsetting program. The firm has engaged in carbon offsetting for all travel from its US offices since 2020, but has now extended the practice to all the firm’s nine offices across the US, Europe and Asia. This means the carbon impact of the travel for all of the firm’s 1,500 lawyers and staff around the world is now included in the offset program.
Debevoise is working with Carbonfund.org to achieve the carbon offsetting. The program calculates the carbon impact of Debevoise air and rail business travel, and offsets it through support for three types of project; energy efficiency projects, forestry projects, and renewable energy projects.
Each project plays an important role in the fight against climate change, is third-party validated, and is verified to meet the highest standards.
More details of the Carbonfund.org can be found here.
These two initiatives are the latest extensions of Debevoise’s approach to sustainability, which includes projects focused in areas such as office management, vendor management, and engaging with organizations such as the Law Firm Sustainability Network. More details can be found here.