Renewable Energy Requirements in Supply Contracts
Rafa’s Clause
A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.
A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.
Justin's Clause ties seller-provided information to contractually enforceable representations, warranties and covenants, giving a buyer access to truthful climate-related information.
This clause is designed to be inserted in licenses or permits or permit applications when a shared mobility company is applying for right-of-way use.
Drew's DDQ is for buyers to assess a target’s net zero transition readiness, resilience and ability to adapt to future climate risks.
This clause creates a net zero corporate outcome from a sponsorship agreement using the influence of the sponsored individual or organisation to have a positive impact on climate change.
These open-source data sharing agreement clauses can be used by cities across the EU within their standard form data sharing agreements to enable the development of the sustainable mobility sector.
Obligations that can be included in any corporate investment, finance, insurance or supply agreement, requiring counterparties to demonstrate responsible climate policy engagement and leadership.
Jess & Rory's Clause incentivises a counterparty to reduce greenhouse gas emissions in exchange for a gain-share payment calculated by reference to the value of the goods or services it provides.
Devika & Kavi's Clause requires company directors to endeavour to hold meetings electronically in order to minimise travel and the need for printed documents.
Arthur & Charlie’s 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.
Dharana & Keshan's 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.
Liam & Isobel's Clause provides certainty that any dispute must be handled in a manner that minimises travel and reduces the use of paper. It can be used in any commercial agreement.
Alysha & Daniel's Clause requires parties to sign documents electronically, to avoid the need to print copies. It can be used in any commercial agreement.
Dominic & Bria's Clause requires the parties to consider the emissions associated with the performance of the agreement. It can be used in any commercial agreement.
Mackenzie & Maggie’s Clause places a 'light green' obligation on shareholders to work towards operating the company in a carbon neutral manner.
Éanna’s Clause is a set of draft clauses for a private limited company’s constitution. It ensures that sustainability performance is being regularly reported on, evaluated, and discussed by the board.
Climate-linked contractual discretions creating scope for parties to encourage good environmental practice.
An interest ratchet mechanism for loan facility agreements that lowers the cost of capital for companies who (directly or indirectly) save carbon in their operations.
Allows a customer to exit a shipping transportation agreement without incurring exit-related liability, unless the incumbent carrier/shipper can match the 'green' improvements of a competitor.
Rider clauses (for LMA facilities agreements) that require each Lender to confirm that a percentage of its lending is sustainable or 'green' finance.
A 'plug and play' clause for use by SMEs in a variety of contracts. Imposes mutual obligations on the parties to take steps towards net zero, with payment of a climate remediation fee for breach.
A series of stepped options for commercial leases that help corporate landlords and tenants generate additional 'green' electrons for the electricity grid where their leasehold property is located.
A set of sustainable soil management obligations allowing businesses to manage their reliance on soil, its functions and related ecosystem services.
A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.
Amendments to a standard early stage shareholders’ agreement for SMEs that enable investors to hold an SME to account on climate change issues and align all parties’ interests with achieving net zero.
A simplified and consolidated version of TCLP’s existing supply chain clauses, the ‘Net Zero Standard for Suppliers’ can be annexed to any supply agreement, across all sectors and industries.
An underlying framework of green obligations, which target a company’s decision making, internal investments and reporting in addressing material environmental issues for the company.
A clause aimed at reducing the use and wastage of water throughout a company's supply chain by requiring suppliers to provide audit results to the company.
Guidelines to incorporate wider environmental protections into companies’ whistleblowing regimes in line with their adopted policies on net zero.
A net zero focused variation of Arlo’s Clause (ESG Aligned Company Articles) to include in a company’s articles of association, drafted by reference to TCLP’s net zero resources.
A menu of climate aligned practical steps organisations can require their counterparties to take to transition to net zero.
A set of questions that explore the climate position and net zero ambition of an organisation, specifically companies.
Template drafting for board papers with detailed prompts for consideration of the climate impacts of a significant contract/ transaction and the associated climate risks to the business.
A checklist that requests one off or repeated disclosure of a company’s climate-related lobbying, financing, sponsoring and climate leadership activities.
A template shareholder resolution that sets out obligations relating to a company's climate change commitments.
A board paper for building net zero objectives and targets into corporate strategy and for ongoing monitoring and evaluation of a company’s progress against its net zero targets.
Recitals that frame a contract and the intentions of the parties in terms that are aligned with achieving net zero or net negative emissions and Paris Agreement goals.
A Target Product Carbon Footprint budget (which reduces over time) for each product manufactured and supplied pursuant to the contract.
A mechanism that benchmarks a contractor's carbon footprint against the market.
A clause requiring contracting carriers to use energy efficient vehicles for any road carriage under a transport agreement, or otherwise specify that a percentage of road journeys will use green HGVs.
A standardised green supplier contract or clause that can assist organisations in incentivising their supply chain to adopt environmental targets that reduce their Scope 3 emissions.
‘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.
Creative interest rate remedies by which payments are made either to a “green” cause or an off-setter.
A clause in employment contracts requiring the employer to provide, and the employee to participate in, a range of climate education and awareness-raising interventions.
A net zero/ carbon budget adjustment clause included as part of a completion accounts mechanism to provide “Carbon Certainty”.
Green execution protocols which parties can adopt at the start of a transaction to minimise the carbon footprint of deal execution.
A climate-friendly governing law clause, requiring that the governing law is interpreted in a manner consistent with the objectives of the UNFCCC and the Paris Agreement.
Two similar protocols (litigation and arbitration) with modules which parties can opt into at the start of a dispute to make it lower carbon and greener.
A clause containing mutual obligations to allow all parties to either perform their own obligations in a way that reduces their carbon footprint and/ or require other parties to do so.
Including pro-active disclosure requirements in M&A or investment transactions brings climate targets and aims to the forefront of the minds of management of the target and the buyer/ investors.