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Allen & Overy and Powered By Meaning accelerate transition to circular economy

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Allen & Overy Netherlands and Powered By Meaning, a portfolio company focused on impactful entrepreneurship, are working together to accelerate the transition to a circular economy. This strategic partnership aligns with the ambitions of both organisations to make concrete contributions to the transition to a sustainable society.

Allen & Overy offers its knowledge and experience 'pro bono' to find solutions for the legal obstacles that arise when implementing circular business models. A&O’s collaboration with Powered by Meaning aligns with the firm's desire to commit itself to projects and institutions that make a difference to society. Powered By Meaning is pivotal in various, potentially groundbreaking circular projects. The parties will first collaborate on projects aimed at making the construction and operation of real estate more sustainable.

Katinka Middelkoop, partner at Allen & Overy: “We are very happy to collaborate with Powered By Meaning. They are enterprising, think businesslike, and are very driven to mobilize knowledge and skills to make our economy more sustainable. This transition is accompanied by numerous legal challenges; unexplored territory in which we would like to make a difference. We are confident that together we will create great concepts for the circular economy.”

Guido Braam, Circular Hero 2021 and founder Powered by Meaning: “I got to know Allen & Overy as an organization where deep knowledge goes hand in hand with an enormous ability to come up with solutions that really work. They are not stuck in existing models and do not over-complicate. They arrive at practical, seemingly simple solutions that make possible what the parties involved want to achieve together. They are at the forefront of the circular economy, which is apparent from, for example, their solution for non-mortgage backed financing of solar energy on roofs. Goal-oriented, creative and practical: their values suit us well.”

For further information, please contact Judith Noortman, manager pro bono and CSR in the Netherlands, on judith.noortman@allenovery.com or + 31 6 1213 6056