Inside Stibbe

Stibbe has received the CO2 Neutral label and remains Belgium’s first and only carbon-neutral law firm

Stibbe has received the CO2 Neutral label and remains Belgium’s first and only carbon-neutral law firm

Stibbe has received the CO2 Neutral label and remains Belgium’s first and only carbon-neutral law firm

01.12.2015 BE law

Stibbe has received, for the second consecutive year, the "CO2 Neutral" label from CO2Logic and Vinçotte. Named the first carbon-neutral law firm in Belgium in the fall of 2014, the firm doubled the efforts in 2015 and reduced emissions with an additional 7% compared to the previous year.

The Brussels office was able to compensate its remaining CO2 emissions by supporting a CO2logic climate project in India. Achieving the carbon-neutral status was a milestone in our ongoing environmental policy and demonstrates the firm’s commitment make a difference.

Initiatives to achieve this objective include stimulating the use of car sharing system Cambio, the use of public transport (with over 90% of our employees coming to work by public transport), cutting edge videoconferencing facilities as an alternative to long-distance travelling, and efficient energy management of our office. The commitment of the Brussels office to further reduce its climate impact involves compensating the remaining CO2 emissions to achieve net zero emissions.

Figure 1 - Videoconferencing facilities as an alternative to long-distance travelling

Videoconferencing facilities as an alternative to long-distance travelling

Click on the image to view large image

Stibbe continues to back up a mini-hydro project in India providing electricity from an irrigation canal, a clean energy source, to make it available to the local population. The electricity generated helps meeting electricity demand and stabilizing frequent grid failures in the southern regional grid of India. Apart from generating a utility in the local region, the project has also positive socio-economic implications and is certified by the United Nations Framework Convention on Climate Change (UNFCCC). For more information about this mini-hydro project in India, click here.

Jan Peeters, Managing Partner of Stibbe says: “It is increasingly critical for firms to take responsibility for their impact on the environment. I am proud that our Brussels office, in line with our Amsterdam office, has renewed its commitment. We will continue to make a difference."

Related news

26.05.2020 NL law
De Tijdelijke wet COVID-19 Justitie en Veiligheid - Meer mogelijkheden voor rechtspersonen tot het gebruik van elektronische communicatiemiddelen en het uitstellen van termijnen

Articles - Het Nederland van twee maanden geleden is niet het Nederland van nu. Vanwege de uitbraak van het coronavirus en de bestrijding daarvan heeft het Nederlandse kabinet diverse overheidsmaatregelen opgelegd om de volksgezondheid en de economie te beschermen. Zo wordt een beroep gedaan op Nederlanders om gepaste afstand van elkaar (circa anderhalve meter) te houden en zijn bijeenkomsten met meer dan 100 personen in heel Nederland niet langer mogelijk. 

Read more

22.05.2020 BE law
International Comparative Legal Guide to Restructuring & Insolvency 2020 - Belgium chapter

Articles - The Belgium Chapter of the International Comparative Legal Guide to Restructuring & Insolvency 2020 is online. The publication, authored by Paul Van der Putten and Pieter Wouters, covers common topics in restructuring and insolvency, including issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees, and cross-border issues in 27 jurisdictions. 

Read more

21.05.2020 NL law
Stibbe 'Netherlands Tax Firm of the Year'.

Inside Stibbe - The International Tax Review has chosen our Amsterdam Tax team as 'Netherlands Tax Firm of the Year'. This is Stibbe's fourth recognition in recent years, after receiving this distinguished title in 2015, 2017 and 2019.

Read more

20.05.2020 NL law
Perpetual securities not considered equity for Dutch corporate income tax purposes

Short Reads - In a decision of Friday 15 May 2020, the Dutch Supreme Court confirmed that fixed-to-floating rate perpetual equity securities (“perpetual securities”) should not be considered a “participation loan” (deelnemerschapslening) for Dutch tax purposes. Under Dutch tax law, characterization of a debt instrument as a “participation loan” implies that such instrument is deemed equity for Dutch corporate income tax purposes. Characterization of the perpetual securities as a participation loan would have meant that the interest would have been regarded non-deductible dividend.

Read more

This website uses cookies. Some of these cookies are essential for the technical functioning of our website and you cannot disable these cookies if you want to read our website. We also use functional cookies to ensure the website functions properly and analytical cookies to personalise content and to analyse our traffic. You can either accept or refuse these functional and analytical cookies.

Privacy – en cookieverklaring