Latham & Watkins takes home the award for law firm of the year, having advised on more than $30 billion of sustainable finance transactions throughout 2023.

In February 2023, the law firm advised on one of the market's biggest deals – the Public Investment Fund's $5.5 billion green bond issuance, marking the second green bond sale for the Saudi wealth fund.

A month later, Latham & Watkins advised Rivian Automotive on the $1.3 billion pricing of green convertible senior notes offering.

The law firm also spent the last year accelerating its focus on emerging markets, including supporting a range of initiatives to develop sustainable finance investment in Africa, Asia, Latin America and the Middle East.

The firm also engages in market thought leadership and regulatory initiatives alongside numerous industry bodies and organisations, such as the International Capital Markets Association, European Securities and Markets Authority, and the Association for Financial Markets in Europe.

It has also been advising on disclosure obligations in credit agreements with the Loan Market Association in relation to the EU Sustainable Finance Reporting Directive.