Challenge

The European Central Bank’s (ECB) single supervisory mechanism decided to carry out its first audit of Greece’s four systemic banks since it was set up. Greece’s leading bank turned to Alber & Geiger for help amid shareholder complaints over irregularities during the last round of capital raising. Assistance was required to ensure a standard and short regulatory scrutiny that would have not weakened further the image and investor confidence in the bank and its management.

Strategy

Alber & Geiger approached directly the European banking regulators and pressed the European Commission and its respective Directorates to announce their clearance of alleged irregularities. We emphasized the importance of investigations being short to not harm the image of the bank and its management.

We then sought to restructure the confidence on the Greek and European financial sector vis-à-vis the EU and German lawmakers and administrators. Our message put on the spotlight the bureaucratic approach and lengthy investigation on the bank itself, highlighting the lurking threat of economic and social instability of requiring more EU taxpayers’ money to the rescue.

Results

Six months into the mandate, the media campaign against our client and repeated calls against its management came to a halt. We helped facilitate the exchange of views between our client and the European banking regulators at the highest political level. By doing so, we helped prevent another wave of economic instability in Greece’s largest systemic bank.

Challenge

Alber & Geiger was tasked with the challenge of navigating the sensitive contours of Europe’s environmental consciousness to safeguard its client’s industry. A EU-wide ban on plastic bags was in the pipeline. Papier-Mettler was the largest producer of plastic bags in the EU. Such a measure would have had dramatic implications on our client’s business. Papier-Mettler turned to Alber & Geiger for help.

Strategy

We adopted an expansive macro-strategy. Its multi-faced argumentation had scientific, legal, political, social and economic elements. It utilized the framework of environmental consciousness. In doing so, it demonstrated that certain plastic bags provided the better choice for the environment, economy and the wider community. In particular, we showed that the majority of plastic bags produced in Europe were not “single-use” and caused fewer greenhouse gasses compared to paper and cotton bags.

Results

The source of Alber & Geiger’s ultimate success in this mandate was the expedience with which the firm transmitted its methodology through an environmental paradigm. As a consequence of our persistent lobbying efforts we halted the EU wide ban. In addition, we thwarted the approval of several discriminatory national legislations in the Member States.

Challenge

The Bill Gates backed alternative fuel startup Infinium from California hired Alber & Geiger to shape the EU Renewable Energy Directive and respective EU legislation on road transport, maritime and aviation. The primary aim of our advocacy was to ensure that the entire regulatory and legal framework in the EU provides the necessary financial, market and regulatory support to enable concrete investments in hydrogen based e-fuels factories and the eventual roll out of e-fuels in the coming years in the EU.

Strategy

The lobbying focus was on the greenhouse gas savings provided by hydrogen e-fuels when used as a drop in alternative to standard fuels, and the latter’s contribution to meet the Green Deal goals. Similarly, our team engaged with lawmakers and EU officials to corral backing for specific e-fuels targets in maritime transport and high quotas for e-fuels in aviation. We put the spotlight on the important contribution of e-fuels in sectors that are hard to decarbonize, shaping the criteria to determine renewable hydrogen in the EU.

Results

We were able to garner support for higher e-fuels quotas and shepherd the uptake of e-fuels in key modes of transportation. Alber & Geiger’s effort led to a plenary vote in the European Parliament that supported higher targets for e-fuels. In a politically arena with various alternative fuels competing for incentives, our team was able to obtain clear and strong support for e-fuels, turning Europe into one of the most attractive and important markets for that.