The Net Zero Standard for Suppliers

A simplified and consolidated version of TCLP’s existing supply chain clauses which includes responsibilities for meeting decarbonisation targets and reporting together with cascading obligations and price adjustment mechanism.

This clause is a set of draft clauses for a private limited company’s constitution.

A template shareholder resolution that sets out obligations relating to a company's climate change commitments. 

A clause granting insurers the right to repair damaged goods or replace these with a refurbished alternative, removing the legal barriers that insurance policies typically place against this.

A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.

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.

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

Creative interest rate remedies by which payments are made either to a “green” cause or an off-setter. 

The clause raises renewable energy at the outset of commercial relations and in lease negotiations between landlord and tenant.

This clause amends the JCT’s standard Design and Build documents to make energy efficiency part of practical completion.

Allows landlords to include the costs of improving the environmental performance of leased buildings in the service charge costs (where such works are not otherwise required by statute).

Green loan clauses that are aligned to the Green Loan Principles (as defined below) by reference to Loan Market Association (LMA) style drafting.