Practice Area

Environment, Governance and Sustainability (ESG)

At Mijares, we recognize the growing importance of ESG factors in today's business landscape. Our dedicated ESG team helps clients seamlessly integrate environmental, social, and governance considerations into their business strategies and decision-making processes. We offer expert guidance on assessing and managing ESG risks, implementing sustainability policies, and effectively disclosing ESG information.

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At Mijares, we recognize that sustainability is a fundamental pillar for modern businesses. Our specialized Environmental, Social, and Governance (ESG) practice integrates a strategic perspective with in-depth regulatory expertise, helping our clients adopt sustainable practices that strengthen their operations and business models.

Our goal is to deliver comprehensive solutions that enable companies to comply with regulatory standards, manage risks, and enhance their corporate governance while fostering a positive impact on society and the environment.

Our ESG Services

Our team is composed of specialists in key areas such as environmental law, corporate governance, tax, antitrust, and finance. This multidisciplinary approach enables us to provide comprehensive and strategic solutions that respond to the most complex ESG challenges, adapting to the unique regulatory landscape of each industry and sector. We are committed to guiding our clients every step of the way in their sustainability journey, combining technical expertise with a strategic vision to drive a positive and lasting impact.
  • ESG Standards Adoption: We guide our clients in implementing sustainable strategies aligned with leading international frameworks such as IFRS Sustainability Standards (IFRS S1 and IFRS S2) issued by the ISSB, GRI, SASB, and CDP. We support the integration of these standards into business operations to ensure regulatory compliance.

  • Specialized Diagnostic Studies: We assess issuers' maturity levels in adopting and implementing ESG standards, identifying key areas for improvement.

  • Double Materiality Study: We analyze economic, social, and environmental impacts, as well as sustainability-related risks and opportunities. This ensures compliance with IFRS S1 and IFRS S2 and strengthens corporate governance frameworks.

  • Sustainability Reports: We develop annual sustainability reports that meet regulatory requirements and combine the best international practices. These reports include mandatory external assurance to ensure transparency, accuracy, and compliance with IFRS Sustainability Standards.
  • ESG Governance and Compliance: We design and implement governance strategies and organizational control systems aligned with the United Nations Sustainable Development Goals and the Guiding Principles on Business and Human Rights to identify, mitigate, and manage risks in key areas such as environmental, labor, human rights, tax, and corporate crimes. Our approach builds a robust corporate governance structure that fosters responsible risk management.

  • ESG-Linked Transactions: We advise clients on structuring and implementing sustainable financial instruments, including green, social, and sustainability-linked bonds, as well as financings aligned with internationally recognized principles such as the LMA’s Green Loan Principles and the Green Bond Principles (2018).

  • ESG Litigation: We represent clients in disputes related to sustainability, compliance and environmental harm, discrimination, human rights, and corporate criminal compliance. Our experience includes handling environmental, social, and governance-related litigation, covering issues such as discrimination, collective rights, workplace harassment, and regulatory investigations before specialized courts and agencies.

Our Strategic Alliance with Social Value Institute (SVI): A Comprehensive ESG Approach

At Mijares, we have established a strategic alliance with Social Value Institute (SVI), an internationally recognized firm specializing in technical and multidisciplinary sustainability advisory services. This collaboration allows us to combine our legal and transactional expertise with SVI’s deep knowledge of ESG diagnostics, monitoring, and reporting, offering our clients a holistic approach to tackling the most demanding regulatory challenges.

Key Services:

  • Specialized ESG Diagnostics: We conduct in-depth assessments to evaluate issuers' maturity levels in adopting and implementing ESG standards, identifying areas for improvement and designing customized strategies to enhance sustainability.

  • Double Materiality Study: We analyze economic, environmental, and social risks and opportunities that impact financial performance. This ensures compliance with IFRS S1 and IFRS S2, providing a solid foundation for strengthening governance structures and preparing transparent, regulatory-aligned sustainability reports.

  • Implementation of the “ESG Experience / ESG Compliance” Platform: We facilitate ESG standards management and monitoring through an advanced digital platform, integrating risk detection, prevention, and resolution mechanisms, as well as the operation of compliance management systems based on international standards. This tool is essential for gathering critical business data and preparing reports that comply with regulatory requirements.

  • Mandatory Sustainability Report: Issuers must submit a sustainability report aligned with IFRS S1 and IFRS S2 issued by the ISSB, as part of the listing requirements before the CNBV (National Banking and Securities Commission).

  • Governance Strengthening: We develop and implement internal policies and procedures aligned with international standards, integrating legal and operational perspectives to ensure robust ESG compliance.

  • Comprehensive Compliance and Annual Report Preparation: We assist in preparing annual reports in compliance with Article 104, Section III of the Securities Market Law and Article 33 of the Issuers’ Circular, ensuring the inclusion of the Sustainability Report and the proper disclosure of ESG-related risks, opportunities, and progress.

  • Crime Prevention Control: We develop strategies and gather evidence to demonstrate corporate compliance with the obligation to prevent environmental crimes, discrimination, and other serious human rights violations.
Cliente satisfecho estrechando la mano con un abogado: Cliente feliz con servicio legal en Mijares, Angoitia, Cortés y Fuentes S.C.

Prizes

Our Firm has received several awards and recognitions that reflect our commitment to excellence and leadership in the legal field.

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Representative projects

SDC Capital Partners

USD $50 million | United States and Mexico

Advised SDC Capital Partners on the development of high-capacity data centers in Mexico. Our counsel included environmental impact analysis, federal permitting, compliance before SEMARNAT, and coordination with state and municipal authorities.

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Copenhagen Infrastructure Partners

USD $9 billion | Denmark and Mexico

Advised Copenhagen Infrastructure Partners (GIP) on the development of a 759 MW wind farm in Mexico, including environmental impact assessment, key permits, and compliance strategy aligned with international standards.

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International Hotel Group

Confidential | Mexico

Represented a global hotel chain in environmental litigation following a closure order by authorities in a protected coastal zone. We successfully overturned the measure and redesigned the company’s environmental compliance strategy.

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Infrastructure Fund

Confidential | Mexico

Advised a specialized infrastructure fund on the environmental evaluation of a next-generation urban mobility system, including permitting, site analysis, community engagement, and alignment with environmental regulations.

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Manufacturing Company

Confidential | Mexico

Conducted a comprehensive environmental audit for a nationally operating manufacturing company, including hazardous waste regularization, NOM compliance, and support during PROFEPA inspections.

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Climate-Tech Start-up

Confidential | Mexico

Provided legal counsel and support to a climate-tech start-up securing sustainability-focused financing in the agricultural sector.

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Multinational Renewable Energy Company

Confidential | Mexico

Advised on potential sites and pre-feasibility studies to determine land use restrictions and territorial planning for the development of wind and solar farms.

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Bayer de México S.A. de C.V.

Prevention of Criminal and Anti-Corruption Risks in the Biotech Sector | Mexico

We advised Bayer on a comprehensive evaluation of its corporate criminal liability, with a focus on anti-corruption risks and the design of a robust Criminal Compliance Program. The project includes the development of internal criminal policies, controls to mitigate risks previously identified by its compliance team, and alignment with local and international regulations, such as Article 421 of the National Code of Criminal Procedure and the Law on Biosafety of Genetically Modified Organisms. Given the complexity of its operations and the sensitivity of the biotech sector, the model implemented positions Bayer as a benchmark in criminal liability and corporate governance in Mexico.

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Celulosa Arauco y Constitución (Arauco México)

Review of Crime Prevention Model | Mexico

We led a comprehensive review of Arauco México’s Crime Prevention Model, with a focus on environmental and criminal risks. We conducted an organizational diagnosis, proposed adjustments to their compliance policy, and delivered training sessions for their executive team. The project enhanced the company’s ability to anticipate and mitigate legal risks related to environmental criminal liability.

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Nova Energy Infrastructure (IEnova)

Prevention of Environmental Criminal Liability | Mexico

We advised IEnova on the design and implementation of an environmental criminal compliance system, in accordance with Mexican and international law. The model included risk assessments, crime prevention manuals, and awareness sessions for executives, focused on mitigating risks arising from third-party conduct. The solution aligns with UNE 19601, the Federal Environmental Liability Law, and U.S. DOJ standards.

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Citibanamex

Corporate Criminal Compliance Management System | Mexico

We designed and implemented a corporate criminal compliance management system for Citibanamex, aimed at mitigating legal risks through a structure adaptable to various areas of the bank. The model included operational controls, reporting protocols, incident response mechanisms, and a comprehensive internal training program. The solution was developed jointly with legal and corporate security teams and can be deployed both institutionally and by business division.

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México Pacific Limited

Anti-Corruption Training | Mexico and the United States

Designed and implemented a compliance program focused on anti-corruption and business ethics, including specialized training on Mexico’s National Anti-Corruption System and the FCPA for the board of directors, as well as on-site sessions in Hermosillo for suppliers, strengthening a culture of compliance across the value chain.

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Skadden, Arps, Slate, Meagher & Flom LLP

Regulatory Compliance | Mexico and the United States

Prepared legal memoranda for Skadden on compliance requirements under Mexican law, including analysis of registration and reporting obligations in interactions with employees and representatives of state-owned entities for transactions such as joint ventures and natural gas offtake agreements, as well as a memorandum on restrictions regarding gifts, meals, and hospitality, with practical recommendations to mitigate enforcement risk before Mexican authorities.

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Merger of four companies to create VEMO

We advised Riverstone on the creation of VEMO through the merger of four clean mobility companies.

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Acquisition of Ocesa by Live Nation

We advised Televisa on the sale of its 40% equity interest in Ocesa to Live Nation.

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⁠Representation of Planigrupo’s Special Committee in connection with offers by Grupo México and Acosta Verde

We represented Planigrupo’s Special Committee in connection with unsolicited acquisition offers, which led to an agreement with Grupo México.

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Public tender offer for Javer by Vinte

We advised Javer and its main shareholders on the tender offer launched by Vinte to acquire up to 100% of the company.

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⁠Combination of assets between Televisa and Univision

We advised Televisa on the combination of its media and content assets with Univision.

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Acquisition of Despegar.com by Prosus

We advised Prosus on its approximately USD 1.7 billion acquisition of Despegar.com.

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Spin-off of Alfa and creation of Controladora Alpek

We advised Alfa on the spin-off that resulted in the creation of Controladora Alpek as part of its corporate restructuring.

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Chantilly

Declaration of a Famous Brand before the IMPI

We obtained the Declaration of Fame for the “Chantilly” brand before the Mexican Institute of Industrial Property (IMPI), through a process that involved accreditation of experience, recognition, commercial presence and continuous use in the market.

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President Group

Copyright litigation and content retransmission

We advised Grupo Presidente on the conciliation processes with EGEDA, a collective management company for audiovisual rights, for the use of protected works on televisions installed in its hotel chain. The issue raises a key discussion about the scope of copyright in public spaces where content is not the main service.

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Valia Energy

USD 530 million | Closed in January 2024 | Mexico and the U.S.

We represented Valia Energía in its first international bond issue since 2020, backed by energy assets in operation.

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Copenhagen Infrastructure Partners (CIP)

USD 9 billion | Ongoing project | Mexico

We assisted CIP in the legal structuring of a pioneering green hydrogen project in the Isthmus of Tehuantepec, including permits, agrarian agreements, environmental licenses and relationships with key agencies such as CFE and PEMEX.

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Mexico Pacific Limited

USD 14 billion | Ongoing project | Multinational

We advise Mexico Pacific Limited on all regulatory and contractual aspects related to the development of a large scale natural gas liquefaction terminal.

See coverage in El Financiero

Nuestra Alianza con Social Value Institute

Tenemos una alianza estratégica con Social Value Institute (SVI), una firma reconocida internacionalmente por su experiencia técnica y multidisciplinaria en consultoría de sostenibilidad. Esta colaboración combina nuestras capacidades legales y transaccionales con la especialización de SVI en diagnóstico, monitoreo y reporteo de estándares ESG, ofreciendo a nuestros clientes un enfoque integral y estratégico que les proporciona el respaldo necesario para enfrentar los desafíos regulatorios y cumplir con las más altas exigencias en materia de sostenibilidad.

Team

Our main objective is to advise our clients in all legal aspects related to the incorporation, implementation, compliance, and monitoring of ESG standards.

Our team is composed of specialists in key areas such as environmental law, corporate governance, tax, antitrust, and finance. This multidisciplinary approach enables us to provide comprehensive and strategic solutions that respond to the most complex ESG challenges, adapting to the unique regulatory landscape of each industry and sector.

We are committed to guiding our clients every step of the way in their sustainability journey, combining technical expertise with a strategic vision to drive a positive and lasting impact.

MIJARES, ANGOITIA, CORTÉS AND FUENTES

WE STAND OUT AS PIONEERS

AND LEADERS IN OUR FIELD,

ALWAYS AT THE FOREFRONT.
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News

legal news and updates

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Get information about everything related to the legal world, news and client alerts.
August 7, 2025
El compliance penal corporativo se consolida como pieza clave para prevenir riesgos legales, proteger a directivos y asegurar la continuidad empresarial en México.
August 15, 2025
A new landscape of criminal risks for companies in Mexico in 2025, marked by terrorism, workplace violence, and unofficial pretrial detention.
August 13, 2025

CNE issues the requirements for a simplified procedure to obtain interconnected self-consumption permits not exceeding 20 MW

On August 6th, 2025, the National Energy Commission (“CNE”, per its acronym in Spanish) published a resolution setting forth the requirements for obtaining generation permits for interconnected self-consumption for power plants with a capacity between 0.7 and 20 MW (the “Resolution”).
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