Environmental, social and governance issues (ESG) have risen to the top of the business agenda. This shift is driven by the European Green Deal and the development of the legal framework, as well as growing expectations from investors, customers, supervisory bodies, employees, and other stakeholders. Today, companies with an established ESG structure and an understanding of the expected sustainability requirements are more resilient to future challenges and better prepared to compete with other market players.

Our legal expertise is enhanced through collaboration with leading professionals in sustainability management, financial assessments, and IT solutions. This collaborative effort enables us to deliver integrated, one-stop solutions tailored to meet your diverse needs.

Our team will help you to identify ESG-related risks, mitigate their potential impacts, and pinpoint new business opportunities. We can help you determine regulatory requirements applicable to you, find optimal solutions to fulfil them and integrate relevant aspects into your daily business operations (e.g., contracts with suppliers, clients and other partners, strategic planning, internal reporting etc.) regardless of the size, field of activity and maturity level of your company in the following areas:

Sustainability management and reporting

  • Reporting obligations evaluation
  • Double-materiality assessment
  • ESG strategy
  • Supply chain assessment
  • ESG report preparation
  • ESG report assessment against internationally recognised standards (ESRS, GRI or other)


  • Permits and licenses
  • Natural resources exploitation
  • Energy management and efficiency
  • Wind parks and other renewable energy development projects
  • Waste and hazardous materials management
  • Monitoring and reporting of environmental impact
  • Emissions control and management
  • Emissions trading systems
  • Environmental fees and taxes
  • Liability for environmental law violations
  • Dispute resolution in the field of environmental and climate law


  • Employee relations and engagement policies
  • Treatment of employees
  • Workplace policies and code of practices
  • Occupational health and safety requirements
  • Employee grievance and whistleblowing policies
  • Product safety and other requirements
  • Protection of consumer rights


  • Entity incorporation and registration
  • Legal assessment of management structures
  • Corporate governance policies
  • Stakeholder relations and engagement
  • Board liability issues
  • Due diligence
  • Anti-corruption, anti-bribery, and anti-fraud regulations
  • Sanctions and AML policies
  • Competition laws
  • Data protection and privacy
  • IT & cyber-security
  • Industry-specific regulatory requirements
The Legal 500 Green Guide, ESG, Estonia office
“The Estonia office makes a key contribution to the Baltic-wide ESG practice group, with demonstrable expertise in advising international clean energy companies and domestic state organisations on their landmark renewables sector projects.”
The Legal 500 Green Guide, Energy, Latvia office
“The Latvian office is a key advisor to state and private clients in their green transition strategies, assisting with regulation and project developments which are vital to the country’s energy independence and nascent green power sector.”
The Legal 500 Green Guide, Energy, Lithuania office
“In Lithuania, COBALT makes a leading commitment to the growth of the region’s clean energy sector, advising investors, developers, and industry associations on their critical green projects.”