Clauses

Drafting resources to help local planning authorities gain confidence in requiring net zero development as standard in their areas through policy, planning conditions and obligations. 

The clause gives customers a right to switch supplier if their existing supplier is unable to match a ‘greener’ offer made by an alternative supplier.

This guide and checklist can be used to introduce borrowers to, and encourage them to access, Sustainability-Linked Loans (SLLs).

Amendments and additions to standard Force Majeure agreements to ensure contracting parties work together to balance financial risks and avoid unintended adverse environmental and social issues.

Green procurement clauses and a checklist to focus standard supply agreements on reducing emissions across a value chain.

Sustainability policies to include in employment handbooks so that these issues permeate all levels of the employment relationship and encourage development of a sustainable culture.

Insert at purchase warranties for environmental performance and continuous improvement obligations. This will build in long term environmental improvements and transparency into supply agreements.

A pro forma scorecard to be incorporated into commercial agreements as a schedule, allowing supply chain sustainability to be viewed through the lens of risk to business continuity.

A Target Product Carbon Footprint budget (which reduces over time) for each product manufactured and supplied pursuant to the contract.

Extension of director and major shareholder warranties and issuer/director undertakings in underwriting, sponsor and similar agreements in respect of environmental position and climate risk.

A clause that allows a right of termination for a customer so that they can pivot to a greener supplier to meet their sustainability, climate or other environmental objectives.