Disclaimer - please read
The definitions on this website (and published in our Climate Contract Playbook) have been prepared in good faith on a pro bono basis and are free to download and use. The definitions have been drafted and edited by a variety of lawyers and, as such, the approaches to drafting may not conform to any particular drafting norms. We acknowledge this as a consequence of the collaborative drafting process.
The definitions on this website (and published in our Climate Contract Playbook) are provided on an ‘as is’ basis and without any representation or warranty as to accuracy or that the definitions will achieve the relevant climate goal or any other outcome.
This website (and the Climate Contract Playbook) does not comprise, constitute or provide personal, specific or individual recommendations or advice of any kind, and does not contain legal or financial advice. The definitions are precedents for legal professionals to use, amend and negotiate using their professional skill and judgement and at their own risk.
While care has been taken in the drafting of these definitions, neither The Chancery Lane Project nor any of its contributors owe a duty of care to any party in relation to their preparation and do not accept any liability for any errors or omissions, nor for any loss incurred by any person relying on or using these definitions or any other person. Users should use their own professional judgement in the application of these definitions to any particular circumstance or jurisdiction or seek independent legal advice.
At present, all the definitions are based on the laws of England and Wales. We encourage the conversion of these precedent definitions for use in other jurisdictions.
Gross Zero Target means the reduction of all [insert organisation’s name] emissions, to zero by [specified date].
Option 2 (as defined in Owen’s Clause)
Gross Zero Target means an absolute reduction in Greenhouse Gas emissions from all operations [including value and supply chains] to zero by a specified date and for each subsequent year thereafter.
Model laws definition
Gross Zero Target means the reduction of all emissions, in all sectors to zero by [specified date].
Most countries, cities, companies and other entities are setting Net Zero Targets rather than Gross Zero as these allow for emissions to the extent that they will be fully offset by Greenhouse Gas (GHG) removals often through natural carbon sinks such as forests.
The Gross Zero Target date in the version of the definition for contracts should align with the relevant organisation’s target. This will vary, but for many organisations it will be 2050.
For more information, see the Net Zero Target definition.
National climate laws, negative emissions technology (NET) project documents (e.g. a bioenergy with carbon capture and storage (BECCs) or a direct air capture (DAC) project).