Paul A. Davies

  • Partner
  • Epaul.davies@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.4664
  •  
 

Profile

Paul Davies is a partner in the London office of Latham & Watkins and is a member of the firm’s Corporate Department and Africa Practice. He advises on the environmental aspects of corporate transactions in addition to a wide variety of other work, including the management of contaminated land, the insurance of environmental risk, climate change, health and safety, asbestos, and waste management issues.

Mr. Davies has experience in the following areas:

  • Environmental health and safety  
  • Mergers and acquisitions  
  • Real estate  
  • Project finance  
  • Litigation and dispute resolution

Mr. Davies is recognized as a Thought Leader for Environment by Who’s Who Legal: Thought Leaders 2017-2019, and was the only European lawyer named for the distinction from 2011 to 2017. He is also named a Global Elite Thought Leader for Environment – Global Change by Who’s Who Legal 2019, as well as a Recommended Global Leader for Environment by Who’s Who Legal 2019. He is described by clients in Chambers Global 2018 as “a well-respected practitioner,” and in Chambers UK 2015 as “the most commercial and deal-focused environmental lawyer in London.” Mr. Davies was named among Europe’s Top 10 Innovative Individuals for being “at the forefront for environmental law in Europe and Asia” and actively collaborating with environmental consultancies to “promote knowledge sharing” and to develop innovative products by FT Innovative Lawyers Report 2019.

Who’s Who Legal 2017 notes that “with significant expertise in Chinese environmental law and policy,” Mr. Davies “is a go-to lawyer for transactions in the region.” Clients in Chambers UK 2018 say Mr. Davies “has a deep sector specialism and a truly global mindset” and “is often at the forefront of new trends.”

Experience

Mr. Davies’ representative transactions include advising:

  • Trafigura Limited and Trafigura Beheer B.V. on the high profile personal injury claim by over 30,000 claimants from the Ivory Coast – one of the largest pieces of environmental litigation ever brought before a UK court* 
  • Puma in relation to environmental issues associated with transport and storage arrangements on a pan-African project*
  • A commodity trader in relation to ship-to-ship transfer arrangements in Nigeria*
  • A petrochemicals group on the potential acquisition of downstream marketing and distribution business in West Africa*
  • A joint venture involving a coastal petroleum storage business in West Africa*
  • Consortium involving Shell, Greenergy, and Vopak in relation to the acquisition of a refinery and redevelopment into a terminal*
  • SABIC on the acquisition of Huntsman’s UK petrochemicals business and providing support to SABIC in relation to pipeline arrangements* 
  • Companhia Siderurgica Nacional on the implications of the EU Emissions Trading Scheme* 
  • A global petrochemicals group in respect of soil and groundwater issues at one of the largest refinery complexes in France* 
  • A major bank and sovereign wealth fund in connection with various environmental complaints under the OECD Guidelines* 
  • On a substantial case involving the alleged pollution of the water supply on an island in the Indian Ocean* 
  • A large US chemical company in connection with a major water pollution incident in South London and threatened group proceedings, and liaison with both the local health and safety bodies and national authorities regarding potential investigations*

*Matter handled prior to joining Latham

Thought Leadership

  • Council of EU Adopts ESG Disclosure and Benchmarks Legislation -  November 15, 2019
  • Revised UK Stewardship Code Emphasises ESG -  November 15, 2019
  • UK Releases New Details on Net Zero Target Measures -  November 12, 2019
  • Sustainability-Linked Bonds Complement and Bolster the Sustainable Finance Market -  November 11, 2019
  • Environmental, Social And Governance Matters: The Rapidly Evolving ESG Reporting Landscape—Part 2 -  November 11, 2019
  • EU and Countries Worldwide Coordinate to Harmonize Rules on Green Financing -  October 31, 2019
  • Environmental, Social and Governance Matters: The Rapidly Evolving ESG Reporting Landscape - Part 1 -  October 25, 2019
  • UK Government Outlines New Powers and Regulations in Environment Bill -  October 17, 2019
  • US House Financial Services Committee Passes ESG Disclosure Simplification Act of 2019 -  October 07, 2019
  • EU Issues Final Report on Climate Benchmarks and ESG Disclosures -  October 04, 2019
  • China Aims to Boost Investment in Clean Energy -  October 03, 2019
  • “50 Shades of Green” – Mark Carney Calls for Accelerated Climate Resilience Action -  September 30, 2019
  • ESG Factors Enter Global Leveraged Finance Market -  September 27, 2019
  • 130 Banks Commit to UN Principles for Responsible Banking -  September 26, 2019
  • China’s Evolving Chemical Regulatory Regime – Implications For Businesses -  August 28, 2019
  • ESG Factors Spur Changes in UK Pension Scheme Disclosure Requirements -  August 02, 2019
  • US House Financial Services Committee Holds Landmark Hearing on ESG Reporting -  July 22, 2019
  • China Publishes Public Consultation on Environmental Protection Regulations for Construction Projects -  July 19, 2019
  • ECJ Decision Examines Definition of ‘Waste’ for Transboundary Consignments -  July 18, 2019
  • Equator Principles Association Releases Equator Principles 4 for Consultation -  July 11, 2019
  • International Banks Adopt the Poseidon Principles -  July 03, 2019
  • UK Government Publishes Green Finance Strategy -  July 03, 2019
  • New Green Bond Guidance Complements Existing Green Bond Principles -  June 25, 2019
  • AXA's New Bond Proposal May Expand Sustainable Finance -  June 25, 2019
  • European Commission Publishes New Guidelines on Corporate Climate-Related Reporting -  June 21, 2019
  • EU Introduces Single-Use Plastics Directive to Promote a Circular Economy  -  June 19, 2019
  • UK Treasury Committee Launches Inquiry Into Decarbonization And Green Finance  -  June 17, 2019
  • Transition Bonds Guidelines May Expand Sustainable Finance  -  June 17, 2019
  • UK Adopts 2050 Net-Zero Greenhouse Gases Target -  June 12, 2019
  • ESG Moves Into Mainstream Investing -  June 11, 2019
  • China’s Environmental Social Credit System Encourages Self-Regulation by 2020 -  June 10, 2019
  • China Kick-Starts Investment in the Yangtze River Economic Belt -  June 10, 2019
  • Basel Convention Extends to Include Transboundary Movements of Plastic Waste  -  May 23, 2019
  • Committee on Climate Change Recommends UK Government Adopt 2050 Net-Zero Greenhouse Gases Budget  -  May 15, 2019
  • TCFD Issues Implementation Guide Incorporating SASB and CDSB Frameworks  -  May 13, 2019
  • China Aims to Boost Investment in Clean Energy  -  April 11, 2019
  • Sustainable Finance Gathers Momentum in UK Finance Industry  -  April 09, 2019
  • EU Issues New Sustainable Investment Disclosure Rules  -  April 05, 2019
  • Is China Relaxing Its Grip on “Iron Fist” Environmental Regulation?  -  March 28, 2019
  • ESG Matters Incorporated Into UK Stewardship Code  -  March 14, 2019
  • How China’s New Chemical Regulation Framework Will Impact Businesses  -  March 07, 2019
  • China Issues Draft of Comprehensive Chemical Substances Regulation  -  February 14, 2019
  • Bond Holders Become Focus of ESG and Climate Risk Advocacy  -  February 05, 2019
  • Climate Litigation Targets the French Government -  January 09, 2019
  • Environment Agency Data Shows Spike in Enforcement Undertakings in England and Wales  -  December 06, 2018
  • European Parliament Looks to Broaden Plastics Ban -  October 31, 2018
  • China Announces Establishment of Hazardous Chemicals Department  -  September 28, 2018
  • China’s Global Supergrid to Enable Free Flow of Electricity Internationally  -  September 14, 2018
  • China Reinforces Renewable Energy Commitment With Significant European Wind Investments  -  September 11, 2018
  • ESG Investing Rarely Underperforms the Market, Study Finds -  September 03, 2018
  • European General Court Accepts Landmark Climate Change Litigation -  August 21, 2018
  • China Targets Company Polluters and Officials Who Fall Short of Their Duties  -  August 20, 2018
  • China’s “War Against Pollution” Intensifies in the Beijing-Tianjin-Hebei Region  -  August 20, 2018
  • China Announces Control Standard for Soil Contamination  -  August 07, 2018
  • Green Finance Institute to Launch in London  -  August 02, 2018
  • UK Government to Abolish CRC Energy Efficiency Scheme -  July 31, 2018
  • The Chinese Government Announced Measures to Assist With ETS Implementation -  July 31, 2018
  • China Releases 2020 Air Pollution Action Plan -  July 30, 2018
  • Chinese Authorities Crack Down on Yangtze River Environmental Offenders -  July 30, 2018
  • Circular Economy Finance Guidelines Issued by Dutch Banks -  July 18, 2018
  • Green Bond Principles Stay the Course -  July 10, 2018
  • EU Aims to Improve the Energy Efficiency of Europe’s Buildings with New Directive  -  July 10, 2018
  • EU Increases Renewable Energy Target in Preparation for Renewable Energy Directive -  July 09, 2018
  • The EU Adopts Four Directives to Solidify Europe’s Leading Position in Waste Management -  July 06, 2018
  • Investing in the Environment — European Commission Announces Innovation Fund -  June 18, 2018
  • Can China Meet Its Paris Agreement Targets? -  June 18, 2018
  • Overview and Notable Features of the European Commission’s Proposed Sustainable Finance Regulations  -  June 13, 2018
  • China Faces Serious Water Supply Problems -  June 06, 2018
  • Conseil d’Etat Issues Advisory Opinion on Environmental Permits Challenged Before Administrative Courts  -  June 05, 2018
  • EC Refers Member States to ECJ Over Failure to Control Air Pollution -  June 05, 2018
  • IMO Strategy to Halve Greenhouse Gas Emissions From Shipping By 2050 -  May 21, 2018
  • France Takes Steps to Address Climate Change Through Constitutional Reform -  May 17, 2018
  • EU Council Decision to Streamline Green Reporting and Reduce Administrative Burden on Member States  -  May 17, 2018
  • European Parliament Adopts Circular Economy Package -  April 30, 2018
  • France Unveils Circular Economy Roadmap -  April 27, 2018
  • Carbon Markets Must Balance Stability and Adaptability When Implementing Emissions Trading Systems -  April 18, 2018
  • English Supreme Court Rules Employees Can Claim Damages For a Symptomless Condition -  April 16, 2018
  • The Success of China’s Efforts to Decrease Harmful Pollution Levels  -  April 12, 2018
  • The European Commission Reviews Free Allocation Rules in EU Emissions Trading System  -  April 06, 2018
  • Green Finance Taskforce Publishes First Report to Boost UK’s Green Economy  -  April 06, 2018
  • New Green Loan Principles Apply Bond-Like Approach to Nascent Green Loan Market -  March 29, 2018
  • China to Expand Environmental Regulatory Authority  -  March 19, 2018
  • China Plans New Energy Ministry to Replace the National Energy Administration  -  March 16, 2018
  • EU Commissioner for Climate Action and Energy Highlights Opportunities for Financing New Economy -  February 08, 2018
  • France’s Prime Minister Further Advances New Regulation Simplification Policy -  February 07, 2018
  • China’s Ban on Waste Imports Upending Global Recycling Market  -  February 06, 2018
  • China Mandates ESG Disclosures for Listed Companies and Bond Issuers  -  February 06, 2018
  • European Commission Releases a New Plastics Strategy  -  January 19, 2018
  • France Bans Research and Exploitation of Fossil Fuels -  January 19, 2018
  • UK Government Launches 25-Year Environment Plan  -  January 15, 2018
  • Strategic Issues – European Union -  January 05, 2018
  • China Launches Ambitious National Emissions Trading System -  December 19, 2017
  • Does China’s Overseas Investment Require More Legally Binding Standards?  -  December 15, 2017
  • EU Urged to Tighten Regulation of Pharmaceutical Pollution -  December 06, 2017
  • European Commission Emphasizes Environmental Issues in 2018 Work Programme -  November 28, 2017
  • Environmental Protection is Enshrined as Official Ideology in China Amid Major Reforms -  November 22, 2017
  • Revising the Equator Principles: A New Chapter for Risk Management?  -  November 21, 2017
  • China Strengthens Regulation of Pesticides and Creates Centralized Pesticide Bureau -  November 08, 2017
  • European Parliament Calls for Tougher Environmental Liability Rules -  November 06, 2017
  • China Prioritizes Environmental, Social, and Governance Factors in Overseas Investment -  November 02, 2017
  • Green Bonds Offer a Solution for China’s Green Finance Challenges  -  November 02, 2017
  • New Environmental Bureau to Regulate China’s Natural Resources  -  November 01, 2017
  • French HOP Complaint May Test Whether Planned Obsolescence Is a Misdemeanour  -  October 30, 2017
  • Factories Shut Down Across China in Unprecedented Environmental Crackdown -  October 27, 2017
  • Portuguese Children Crowdfund Climate Change Suit Against 47 Countries -  October 04, 2017
  • First Subsidy-Free Solar Farm Opens in UK  -  October 04, 2017
  • China’s War on Pollution: Measuring the Economic Impact  -  October 02, 2017
  • UK Launches Taskforce to Encourage Growth of Green Finance  -  October 02, 2017
  • China Unveils Plan to Ban Fossil Fuel Vehicles -  September 19, 2017
  • China Dominates Global Investments in Renewable Energy  -  September 18, 2017
  • China’s Pilot Programs Welcome Announced Launch of Emissions Trading System -  August 09, 2017
  • PRI’s Private Equity Terms Guidance Focuses on Environmental, Social, and Governance (ESG) Factors  -  July 25, 2017
  • Proposed Draft Legislation Clamps Down on Soil Pollution in China -  July 21, 2017
  • A New European Standard for “Green Finance”  -  July 20, 2017
  • G20 Advances Climate and Energy Action Plan for Growth  -  July 18, 2017
  • Responsibility for German Nuclear Waste Shifts With Creation of State-owned Fund -  July 18, 2017
  • Will Tougher Environmental Laws Mean Measurable Change for Pollution in China?  -  July 13, 2017
  • Will TCFD Final Recommendations Change the Landscape of Climate-related Financial Disclosure?  -  July 12, 2017
  • New EC Guidelines to Improve Non-Financial Information Reporting  -  July 10, 2017
  • Green Bonds – Financing a Sustainable Future -  July 01, 2017
  • Bank of England’s Response to Financial Risks Arising from Climate Change -  June 29, 2017
  • The European Chemical Agency (ECHA) Flags Dangers of Bisphenol A (BPA)  -  June 29, 2017
  • Pharmaceuticals in The Environment: What will EU Environment Roadmap Mean for Pharmaceuticals? -  June 27, 2017
  • US Withdrawal from the Paris Agreement Creates an Opening for China to Lead  -  June 22, 2017
  • The European Commission Places Environmental, Social and Governance Issues Center Stage -  June 20, 2017
  • “Spain United for Climate”: The Proposed New Climate Change and Energy Transition Law  -  June 08, 2017
  • Well-being of Future Generations (Wales) Act 2015 and the Public Trust Doctrine: What Can We Expect?  -  June 06, 2017
  • Belt and Road Forum Positions China as Leading Proponent of Global Trade -  May 30, 2017
  • Sustainable Loans – Breaking the Mould for Sustainable Investment  -  May 30, 2017
  • Another Key Decision on Corporate Separateness – High Court Finds That There is No Arguable Case for Unilever to be Held Liable for the Acts and Omissions of Kenyan Subsidiary -  May 30, 2017
  • The OECD’s View on Integration of ESG Issues into Investments – What Next? -  May 14, 2017
  • Conservation Finance: An Increasingly Attractive Concept for Investors? -  May 14, 2017
  • Ministry of Environmental Protection Steps-up “War on Pollution” -  May 09, 2017
  • The European Conflict Minerals Regulation – What are the Key Takeaway Points? -  April 29, 2017
  • Modern Slavery – An Update -  April 25, 2017
  • Trouble Ahead? Lobbying Underway to Prevent the Extension to the Industrial Emissions Directive -  April 25, 2017
  • France Adopts a New Law Requiring Companies to Diligence their Supply Chains in Relation to Human Rights, Environmental, and Health and Safety Issues -  April 24, 2017
  • China’s Securities Regulator Issues New Green Bond Guidelines -  April 06, 2017
  • Environment: The Concept of Legal Personality – From Companies to Natural Entities? -  April 05, 2017
  • Blockchain – A New Era for the Energy Market?  -  March 23, 2017
  • The Erosion of Cost Caps – at the Expense of Bona Fide Environmental Challenges?  -  March 10, 2017
  • Wind Power Overtakes Coal in Europe -  February 20, 2017
  • China Will Issue “Green Certificates” for Renewable Energy  -  February 18, 2017
  • Modern Industrial Strategy: Will the Environment Get Left Behind? -  February 09, 2017
  • Will China Become the Global Leader on Climate Change?  -  January 28, 2017
  • Key Decision on Corporate Separateness  -  January 26, 2017
  • Environment: The Year Ahead  -  January 19, 2017
  • China Focuses on Criminal Enforcement of Environmental Laws -  January 13, 2017
  • State Council Announces Plan for a Pollution Discharge Permit System -  January 06, 2017
  • Sustainability: The Road to a Circular Economy -  December 31, 2016
  • Sustainable Investment and ESG Compliance ─ Emerging Litigation -  December 28, 2016
  • Green Finance Growth Set to Continue -  December 19, 2016
  • Potential Liability for Ignoring Non-Financial Factors in Investment Starts With Climate Change -  December 14, 2016
  • EU Workplace Pensions Now Required to Incorporate ESG Issues  -  December 07, 2016
  • Autumn Statement – Greening Public Finance -  November 30, 2016
  • Court Judgment Demands More from the UK Government to Tackle Air Pollution -  November 29, 2016
  • Swift Ratification of Paris Climate Agreement  -  November 04, 2016
  • Environmental Transparency Becomes Obligatory in 2017 as EU Directive 2014/95 Comes into Effect -  September 21, 2016
  • New Foreign Investment Control of UK Critical Infrastructure Projects -  September 16, 2016
  • China Policy for Lender Liability in Green Finance Guidelines -  September 15, 2016
  • China to Promote Green Finance at G20  -  September 01, 2016
  • China Continues to Lead Global Investment in Solar and Wind Projects But Curtailment Remains an Issue -  August 31, 2016
  • Prioritising Environmental Obligations in Future Trade Agreements  -  August 25, 2016
  • Green Bonds: Green Striping to Fuel China’s Green Economy? -  August 16, 2016
  • Managing Environment Risk in Trade Agreements Post-Brexit: What Can We Expect?  -  August 10, 2016
  • New Oil and Gas Decommissioning Strategy Published by UK Oil and Gas Authority  -  August 04, 2016
  • How Will Brexit Impact Environmental and Energy Law? -  July 21, 2016
  • China Releases Ambitious Plan to Address Soil Pollution -  July 12, 2016
  • Earlier Peak Emissions in China’s Most Developed Cities  -  July 11, 2016
  • Chemicals Legislation Faces New Reforms in the UK, Europe and US post Brexit  -  July 03, 2016
  • Shanghai Set to Improve Air Quality Ahead of G20 Summit -  June 23, 2016
  • Higher Fines Imposed for Environmental Offences -  June 23, 2016
  • Global Energy and Climate Update -  June 22, 2016
  • London Blog: European Commission Publishes Chemicals Legislation Roadmaps -  June 16, 2016
  • London Blog: China Sustains Green Bonds Momentum  -  June 15, 2016
  • London Blog: France’s Energy Mix Remains Uncertain with Nuclear Decommissioning Expected -  June 13, 2016
  • London Blog: China Ramps Up Renewables -  June 01, 2016
  • London Blog: Shanghai Issues Draft of Revised Environmental Protection Regulations for Public Comment  -  May 19, 2016
  • London Blog: China Cuts Down on Carbon as Coal Falls Out of Favour  -  May 13, 2016
  • China and Carbon Trading -  May 04, 2016
  • London Blog: China One of First Countries to Sign Paris Agreement -  April 22, 2016
  • PE Views: Private Equity Goes Green -  April 20, 2016
  • London Blog: New Chinese Soil Pollution Law Planned for 2017 Could Be Accelerated -  April 20, 2016
  • London Blog: China’s 13th Five-Year Plan – Planning for a Greener Economy  -  April 14, 2016
  • London Blog: China Gives Green Light for Green Bonds  -  April 07, 2016
  • London Blog: CRC Energy Efficiency Scheme & Climate Change Levy -  March 16, 2016
  • London Blog: Consultation on Corporate Social Responsibility -  February 16, 2016
  • London Blog: China’s NDRC Issues New Carbon Trading Guidance -  February 04, 2016
  • What Does COP-21 Mean for Business? -  February 01, 2016
  • London Blog: European Commission Adopts New Circular Economy Package -  February 01, 2016
  • London Blog: China's Environmental Progress and Accountability -  January 26, 2016
  • Rapidly Transforming Energy Sector: Risks and Opportunities in the US, China and Europe -  December 16, 2015
  • The Role of Environmental Compliance in Global Supply Chains, Cross-Border Transactions, and the Need for Due Diligence -  September 22, 2015
  • Long road ahead for conflict minerals regulation -  17 August 2015
  • Japanese Knotweed - Closing the Legislative Gap -  13 September 2014
  • Time for the Courts to go Green  -  September 12, 2014
Paul Davies is recognized as a Star Individual, with clients noting “he is incredibly hard-working, intellectually strong, and driven. He is very commercially minded and understands the business implications of deals, so it feels more like a business conversation.”Chambers UK 2019
Bar Qualification
  • England and Wales (Solicitor)
  • Ireland (Solicitor)
Education
  • M.Phil., University of Wales, Cardiff, 1994
    Journal of Law and Society Scholarship
  • LL.B. (Hons), University of Wales, Cardiff, 1992
Industries
  • Cleantech
  • Oil & Gas
  • Power
  • Mining & Metals
  • Industrials & Manufacturing
Languages
  • English
Practices
  • Environment, Land & Resources