Leading global law firm, Baker McKenzie has advised S&P Global on the acquisition of the Shades of Green business from the Center for International Climate Research (CICERO), Norway's foremost institute for interdisciplinary climate research.

The acquisition will be integrated into S&P Global Ratings and further expand the breadth and depth of its second party opinions (SPOs) offering. SPOs are independent assessments of a company's financing or framework's alignment with market standards and typically provided before any borrowing is raised.

The Baker McKenzie team was led by London Corporate Partner Melanie Howard and included Corporate Senior Associate Nathan Jones and Corporate Associate Nandi Maesela. Specialist IP advice was provided by London IP & Technology Partner Sue McLean, Senior Associate Jalil Karim and Associate Catherine Woods. Specialist employment advice was provided by London Employment Partner Monica Kurnatowska and Associate David Yadid.

Norwegian law advice for the transaction was provided by AGP Advokater AS, who were led by Gard A. Skogstrøm, Maria Styrvold and Eline Eidem.

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