Clauses

Drafting for corporate finance documentation whereby interest payments are adjusted based on the borrower group’s performance measured against water sustainability key performance indicators (KPIs).

‘Coolerplate’ generic clauses for every contract: embedding climate issues and net zero targets in the entire contract so that these flow into contract management and the commercial lifecycle.

This clause sets a carbon budget for construction projects, along with the financial budget, to reduce greenhouse gas emissions.

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. 

A conservation covenant between a landowner or leaseholder and a ‘Responsible Body’ to secure the long-term preservation and enhancement of soil on privately owned, non-agricultural land.

A condition to insurance cover requiring the insured to put in place a robust net zero transition plan prior to the inception of cover for climate-related liability claims. 

Voluntary disclosures to the standard form CLLS Certificate of Title to update investors on environmental and climate disclosures that may affect the long term value of the property.

Insert a clause into landscape architect appointments and/ or building contracts requiring the appointee to utilise the available open space in an environmentally efficient manner.

This clause provides cover for climate-related injury and/or property damage in commercial insurance policies. 

A clause designed to increase communication between insurers and insureds, put the topic of climate change on the agenda and promote sustainable practices in line with a net zero future. 

A generic reporting/disclosure clause that can be included in the Loan Market Association (LMA) information and undertakings provisions of any corporate loan and is not limited to 'green' loans.

Climate-linked contractual discretions creating scope for parties to encourage good environmental practice.