Multinational law firm Pinsent Masons has won the Sustainable Business of Law award at the FT Innovative Lawyer Awards Europe 2022 for its approach to ESG and its Climate and Sustainability group. The firm’s work implementing net zero 2040 targets, including cuts to energy use via innovative demand side response technology, the introduction of travel carbon budgets and empowering its people to take ownership and responsibility for their own carbon footprint were highlighted by the judges. Pinsent Masons was shortlisted in seven categories in this year’s awards in Diversity and…
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Pinsent Masons advises SOLA Group on renewable energy Power Purchase Agreement
Multinational law firm Pinsent Masons was appointed as sponsors legal counsel and advised South African energy company SOLA Group on its solar power initiative with Tronox, which will transform the manufacturing business’ electricity supply and support its 2050 net zero targets. The projects see Tronox enter into long-term power purchase agreements (PPA) with SOLA Group which will provide 200 Megawatts of solar power to Tronox’s mines and smelters across the country. Via the PPAs, the solar projects are expected to provide approximately 40% of Tronox’s South African electricity needs. A…
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