Clauses

Amendments to standard non-leveraged investment documents to focus the founders and investee company on climate change and environmental issues with their products, services, and operations.

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. 

This clause sets assessment criteria for sustainable practices in construction works task orders to drive improvement in environmental and sustainability performance during the contract term.

This clause adds wording to construction works tasks orders explicitly addressing climate change-related temperature increase and deconstruction for reuse in their appraisal and design.

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 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.

This clause gives customers a right to switch suppliers if the existing supplier is unable to match a ‘greener’ offer from an alternative supplier.

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

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 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.