Clauses
Climate aligned clauses you can use in commercial contracts and legal documents
153 clauses
A formal ‘carbon budget’ alongside the traditional financial budget for construction projects, to incentivise industry participants to reduce greenhouse gas (GHG) emissions through use of more sustainable materials.
Jurisdiction: England & Wales
Updated:
This clause builds climate change mitigation into the environmental/ social standards in Development Finance Institution (DFI) or Export Credit Agency (ECA) finance transactions.
Jurisdiction: England & Wales
Updated:
A share purchase/ asset purchase agreement clause requiring the purchaser to maintain/ improve the target company's green credentials post acquisition, linked to payment from escrow if successful.
Jurisdiction: England & Wales
Updated:
A clause in production agreements obliging video/film production companies to disclose the carbon footprint generated by the production of the video/film in the credits.
Jurisdiction: England & Wales
Updated:
A clause ‘extending’ insurance policies to cover pending climate change litigation, on the condition that the policyholder discloses its net zero targets and climate risk exposure.
Jurisdiction: England & Wales
Updated:
Creative interest rate remedies by which payments are made either to a “green” cause or an off-setter.
Jurisdiction: England & Wales
Updated:
Amendments to standard land promotion agreements and precedents aimed at balancing climate change and environmental issues against maximising financial returns for the landowner and promoter.
Jurisdiction: England & Wales
Updated:
A clause focusing on activation of sponsor rights relating to net zero to incentivise change, including a ‘reverse win bonus’ for the Sponsor if they hit their net zero target sooner.
Jurisdiction: England & Wales
Updated:
A template shareholder resolution that sets out obligations relating to a company's climate change commitments.
Jurisdiction: England & Wales
Updated:
A questionnaire for a third party to put to a company or other organisation to find out more about its taking decarbonisation or net-zero transition plan.
Jurisdiction: England & Wales
Updated:
A questionnaire which identifies the climate change risk expectations of an organisation and asks subcontractors/ suppliers to self assess across these criteria.
Jurisdiction: England & Wales
Updated:
Template board papers with detailed prompts for considering the climate impacts of significant contracts and transactions and the associated climate risks to a business.
Jurisdiction: England & Wales
Updated: