Clauses

This clause proposes additions to standard reports on title to reflect the results of a climate search for the property.

A net zero/ carbon budget adjustment clause included as part of a completion accounts mechanism to provide “Carbon Certainty”. 

This clause allocates responsibility for measuring and reporting the scope 1, 2 and 3 emissions of leased assets between the Lessor and Lessee.

This clause obliges a company to operate consistently with an emissions reduction target and its shareholders to engage in climate change mitigation or relinquish their benefits.

This clause places a 'light green' obligation on shareholders to work towards operating the company in a carbon neutral manner.

This clause requires company directors to endeavour to hold meetings electronically in order to minimise travel and the need for printed documents.

This clause ensures that any notice provided under the agreement must be delivered in a manner that minimises travel and the use of paper. It can be used in any commercial agreement. 

This clause requires parties to sign documents electronically, to avoid the need to print copies. It can be used in any commercial agreement. 

This clause requires parties to measure their emissions and report on them in line with the climate reporting framework in Aotearoa New Zealand's Financial Reporting Act 2013. 

This clause requires the parties to consider the emissions associated with the performance of the agreement. It can be used in any commercial agreement. 

This clause requires the parties to understand the environmental performance of leased premises and collaborate to improve that performance over time. 

This clause aims to reduce carbon emissions created during disputes.

Litigation and arbitration create considerable and unnecessary amounts of physical paperwork and printing. Paper is energy-intensive and has a significant carbon and water footprint. 

Litigation and arbitration can also require significant travel commitments for parties, lawyers, witnesses and experts (generally by air). Short-haul aviation is one of the most emissions-intensive means of travel.