Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Pro Bono & Community Engagement

Environmental Achievements

• Reduced carbon footprint by 38% compared to 2019 (pre-pandemic year).
• Reduced CO2 emissions from international travel by 34% compared to 2019.
• Substantially reduced short-distance flights (71.5% decrease from 2019).

Social Achievements

• Maintained a balanced senior level gender balance (41% female in 2023).
• Launched a three-year roadmap to further promote a safe and inclusive workplace.
• Increased Impact Hours by 20% compared to 2022.
• Implemented a new commuting policy with incentives for sustainable transport.
• Implemented a new international travel policy promoting sustainable choices.

Governance Achievements

• Started preparations to become CSRD compliant (reporting from 2025).
• Developed an I&D scan for baseline measurement and future action.
• Established I&D task forces focusing on LGBTQIA+, (bi)cultural diversity, and neurodiversity.

Climate Goals & Targets

Environmental Challenges

• Slight increase in total emissions (1%) compared to 2022.
• Balancing business interests, convenience, and costs in international travel.
• Ensuring consistent, comparable, and reliable ESG information from supply chain partners.
• Addressing the unpredictability of the regulatory framework for the energy transition.
• Addressing undesirable behavior in the workplace.

Mitigation Strategies

• Investing in certified climate projects to offset remaining emissions.
• Implementing a 'comply or explain' policy for international travel.
• Developing a sustainable procurement policy.
• Proactive communication and transparency about ESG uncertainties.
• Implementing clear reporting procedures and a safe reporting climate for undesirable behavior.

Supply Chain Management

Responsible Procurement

• Sustainability criteria incorporated into procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services

UN Sustainable Development Goals

• SDG 4
• SDG 5
• SDG 10
• SDG 13
• SDG 16
• SDG 17

NautaDutilh focuses on these SDGs through its CSR policy and Impact Programme.

Awards & Recognition

• Chambers Europe Awards: 'Outstanding Firm' in the 'Diversity & Inclusion' category (Brussels office)
• 'Diversity Label' by Actiris (Brussels office)
• 'Upcoming Talent of the Year 2023' award (Mariebelle Timmermans)

Environmental Metrics

ESG Focus Areas

• Governance
• Disclosure
• Financial Regulation
• Litigation
• Climate Change
• Hydrogen Economy
• Renewable Energy
• Carbon Capture and Storage
• Deforestation
• Forced Labor
• ESG Ratings
• Corporate Sustainability Due Diligence
• Sustainability-related Risks and Opportunities
• Green Bonds
• Climate Stress Test
• Nature-related Risks
• Adaptation
• Plastic Pollution

Environmental Achievements

• 8.3% decrease in net EU GHG emissions compared to 2023 (EU-wide, not specific to NautaDutilh)

Climate Goals & Targets

Environmental Challenges

• Slow electrolyser rollout and infrastructure upgrades for hydrogen transition
• Lack of comprehensive regulatory framework for hydrogen in Netherlands
• Challenges in scaling up financing for adaptation efforts
• Companies need time to gather information for CSRD double materiality analysis
• Perfect transparency across entire value chains won't be immediate for CSRD
• Role of auditors in CSRD implementation

Mitigation Strategies

• Dutch government's investment in hydrogen infrastructure (EUR 354 million in 2025)
• EU Hydrogen and Gas Decarbonisation Package establishing framework for hydrogen networks
• Dutch government's support for CCS through financial mechanisms
• AFM's role as a point of contact offering guidance on CSRD
• AFM's expectation for listed companies to better justify their contributions to sustainability

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Rising sea levels (for Vanuatu)

Transition Risks

• Transition risks for financial institutions (EU-wide)

Opportunities

• Opportunities in hydrogen economy (Netherlands)

Reporting Standards

Frameworks Used: TCFD

Environmental Metrics

ESG Focus Areas

• Governance
• Disclosure
• Litigation
• Climate Change
• Nature Restoration
• Sustainable Finance
• Human Rights
• Greenwashing

Climate Goals & Targets

Environmental Challenges

• Declining nature in Europe
• Greenwashing in financial sector
• Lack of consistent ESG definitions
• Difficulty in achieving nature restoration targets

Mitigation Strategies

• EU Nature Restoration Law
• Increased focus on ESG governance and disclosure
• Development of international net-zero standard
• Green claims directive to combat greenwashing
• CSRD implementation
• Improved SFDR
• Enhanced requirements for management bodies of banks (CRR III and CRD VI)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CSRD