Herzog's Environment and Climate Change Practice offers regulatory guidance and legal counsel in litigation and transactions on a broad range of environment and climate change issues. Consecutively named a top-tier law firm in the field of environment and climate change law by both domestic and international rankings, it is one of the most diversely experienced practices of its kind. The practice was ranked Band 1 in Environmental Law in the Chambers and Partners Global Guide 2026.

The practice advises leading domestic and multinational corporations on legal and regulatory environment and climate change aspects across a wide range of sectors, including chemicals, pharmaceuticals, pesticides, plastics, textiles, food and beverage, printing, fabricated metals, electronics and semiconductors, natural gas, desalination, wastewater treatment, telecommunications, transportation, renewable energy and innovative climate technologies (climate-tech).

The practice also provides legal counsel on environmental law, environment and climate risk management and climate-related business opportunities for leading financial institutions, including banks, investment funds, private equity funds, insurance companies and real-estate developers.

As part of its ongoing support for clients in diverse industries, our practice has extensive experience developing sustainability and climate change strategies for corporate interaction with legal and regulatory frameworks in foreign jurisdictions, with a particular focus on the European Union and the United States. The practice assists corporations with global operations in identifying the applicability of foreign policies and regulations to their business activities and assessing the associated risks and opportunities. This includes advising on sustainability reporting regulations, extended producer responsibility (EPR) schemes (packaging, electronic waste), chemical registration, air quality, hazardous materials and waste, circular economy, supply chain management, climate risk management and sustainable finance.

Climate Change Strategy and Global Carbon Markets

Herzog's Environment and Climate Change Practice has exceptional practical expertise in sustainable finance and carbon credit trading globally, unparalleled in this field. The practice advises a wide range of corporate clients, including some of the world’s largest multinational corporations, manufacturers across all sectors, local and foreign financial institutions and climate-tech startups operating in various industries, such as renewable energy, hydrogen and biofuels, alternative proteins, green building materials, green steel, clean chemicals and recycled plastics, waste management and sustainable transportation.

The practice provides tailored legal guidance on the impact of global climate regulations, standards and trends on our clients' business operations, including strategic and regulatory advice on participation in global carbon markets.

The work of the practice in global carbon markets includes advising project developers on the regulatory analysis of carbon markets and registry rules, representing companies and investors in pre-purchase and offtake agreements for carbon credits, assisting with venture capital investments and structuring bank financing. Our practice is deeply familiar with the global carbon market ecosystem, maintaining an extensive professional network and direct access to key international stakeholders. The firm is a member of the International Emissions Trading Association (IETA).

Dr. Ruth Dagan, who heads Herzog's Environment and Climate Change Practice, is a globally recognized expert in the field, and has been involved in notable international carbon markets organizations and initiatives, including recently completing a three-year term as legal advisor to the United Nations Framework Convention on Climate Change (UNFCCC) international greenhouse gas trading mechanism (Article 6). Ruth was subsequently appointed Co-Chair of the IETA Legal Working Group. Ruth also serves as a member of the Verified Carbon Standard (VCS) Expert Advisory Group within VERRA, one of the world’s leading accreditation bodies for carbon credit projects.

As part of the practice's unique expertise in sustainable finance, we advise clients on the assessment and management of environment and climate related financial risks, helping them turn market and regulatory challenges into business opportunities and competitive advantages.

Furthermore, the practice provides counsel on sustainability-related financial disclosures, ensuring compliance with mandatory reporting obligations and voluntary disclosure frameworks, helping clients maintain full transparency and mitigate exposure to greenwashing risks.

Environment and Climate Change Regulation

The practice regularly advises national-scale industrial plants and infrastructure facilities on environmental regulation, licensing and environmental risk management. The practice is highly experienced in representing business sector clients before all relevant authorities and government ministries, including the Ministry of Environmental Protection, Ministry of Energy and Infrastructure, Ministry of Health, Water Authority, Ministry of Interior and parliamentary committees. The practice also has extensive experience in drafting internal environmental compliance programs and assisting clients across all sectors in preparing for internal and external audits.

The practice provides ongoing counsel to industrial facilities and corporations on matters relating to hazardous materials, waste management, soil and groundwater contamination and air pollution. The practice's work in this area includes representing clients before the Ministry of Environmental Protection, the Water Authority and planning committees in relation to environmental surveys and remediation projects, as well as counseling on environmental risk management in M&A transactions and financing.

Our practice actively participates in domestic and international policy forums and advises corporations with involvement in legislative and policy-making processes. The practice specializes in identifying regulatory impacts, drafting comments on legislative proposals and policies and supporting clients in implementing new regulations.

Litigation and Crisis Management

Herzog's Environment and Climate Change Practice represents both international and domestic corporations and corporate officers in administrative, criminal and civil proceedings related to environment and climate change law. The practice has vast experience managing complex crisis situations, including representing industrial facilities and corporate officers in enforcement proceedings following environmental incidents. The practice is also involved in major environmental class actions, representing large industrial plants, infrastructure facilities, developers and corporate officers.

Transactions and Financings

The practice advises on a wide range of M&A transactions, joint ventures, financings and offerings, addressing environmental and climate-related risk management. Our transactional advice includes environmental due diligence, negotiation and drafting contractual provisions for environmental risk allocation, and advice on licensing and operational matters post-transaction.

The practice is uniquely experienced in environment and climate change risk management in the financial sector, advising leading domestic and international financial institutions active in this space.

Project Development

The practice has been involved in recent years in numerous infrastructure and real-estate projects, advising on environment and climate change law and risk management in these projects, representing clients before planning committees and regulatory authorities in permit and licensing processes and assisting in the preparation of environmental impact assessments and stakeholder engagement processes.

The practice has successfully represented developers, investors and financial institutions in a wide range of projects, including real-estate developments, power plants, desalination facilities, natural gas exploration and production ventures and renewable energy projects.

ESG

Our practice assists international and local clients in developing sustainability policies, integrating ESG considerations into their business strategies and implementing ESG considerations in operations and throughout supply chains.

The practice's multidisciplinary approach, spanning regulatory, transactional and litigation aspects, ensures comprehensive support, helping clients align with ESG requirements, including responsible investing, sustainability and corporate governance, as well as assisting clients in mapping their risk profiles and identifying key focus areas.