Finance and capital markets
Why contracts in the built environment need to get greener
Understanding the legal sectorās role in climate and nature action
Built environment
Incentivise Emissions Reductions through Gain-Share
This clause incentivizes a counterparty to reduce greenhouse gas emissions in exchange for a gain-share payment calculated by reference to the value of the goods or services it provides.
Net Zero Land Development
A clause which can be added to a development agreement between a municipality and a developer to promote net zero development.
Green Recitals
Recitals that confirm the intentions of the parties to perform the contract in a way that reduces their organizational greenhouse gas emissions and the emissions associated with the contract.Ā
Encourage Sourcing of Greener, Fairer Renewable energy
A clause obliging stakeholders in renewable energy technology supply chains to lower their carbon emissions, minimize their environmental impact and safeguard against modern slavery.
Short Form Green Termination of Supplier
A clause that allows a right of termination for a customer so that they can change to a greener supplier to meet their sustainability, climate or other environmental objectives.Ā
Reduce Food Waste in Supply Chain
Clause to redress the balance in the food chain by promoting fairness for the producer whilst supporting the customer to ensure produce is not wasted at any point throughout the supply chain.
Introduce Right to Terminate for Greener Supplier
This clause gives customers a right to switch supplier if their existing supplier is unable to match a āgreenerā offer made by an alternative supplier.