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.
Daniel’s Clause sets assessment criteria for sustainable practices in construction works task orders to drive improvement in environmental and sustainability performance during the contract term.
Tessa’s Clause adds wording to construction works tasks orders explicitly addressing climate change-related temperature increase and deconstruction for reuse in their appraisal and design.
Sarah’s Clause allocates responsibility for measuring and reporting the scope 1, 2 and 3 emissions of leased assets between the Lessor and Lessee.
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.
Seb & Abby's Clause provides cover for climate-related injury and/or property damage in commercial insurance policies.
Climate-linked contractual discretions creating scope for parties to encourage good environmental practice.
Jedda’s Clause is a comprehensive toolkit for appointing Indigenous Peoples as a director of a company.
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.
Clauses to include in the International Federation of Consulting Engineers (FIDIC) form of EPC contracts, obliging the contractor (and any subcontractors) to act sustainably in carrying out the works.
A low barrier to entry clause that delivers emissions reductions for landlords and tenants by ensuring that electricity supplied to a leasehold property is from renewable sources.
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).
Voluntary disclosures to the standard form CLLS Certificate of Title to update investors on environmental and climate disclosures that may affect the long term value of the property.
A generic guide and checklist to introduce sustainability-linked principles into derivatives documents where the ESG-related performance criteria is not linked to any other underlying loan documents.
Amendments and additions to the ILPA standard form Limited Partnership Agreement allowing ESG issues to be investigated, raised and incorporated in investment and pricing decisions.
Adapts sustainable practices and net zero aligned provisions from TCLP’s construction clauses for use in MMC contracts.
A conservation covenant between a landowner or leaseholder and a ‘Responsible Body’ to secure the long-term preservation and enhancement of soil on privately owned, non-agricultural land.
Heads of terms between two or more landowners for a comprehensive collaboration agreement in which they can designate land for entry into a publicly-funded environmental scheme, or a private project.
Clauses for a ‘Profit of Pasturage’ agreement - as an alternative to traditional farm business tenancy clauses - to promote regenerative farming methods controlled by the landowner.
A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.
A clause obliging stakeholders in renewable energy technology supply chains to lower their carbon emissions, minimise their environmental impact and safeguard against modern slavery.
Open-source data sharing agreement clauses, compliant with the general data protection regulation (GDPR), that can be used by cities to enable development of the sustainable mobility sector.
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.
A Self-Assessment Questionnaire for supply chain contracts to make businesses aware of adverse environmental impacts relating to land use within their supply chain.
Clauses to redress the balance in the food chain by promoting fairness for the producer whilst supporting the customer to ensure produce is not wasted at any point throughout the supply chain.
A charterparty clause encouraging the parties to consider opportunities and cooperate to maximise the laden ratio of the vessel and minimise repositioning voyages in ballast during the charter period.
An optional mechanism for time charterparties, to share the cost (between owners and charterers) of upgrades which improve the fuel efficiency of time chartered vessels.
A clause to be inserted as a rider to time and/or voyage charterparties combining 'green' fuel use, reporting and disclosure obligations with a levy for using fuels with a higher carbon content.
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 set of clauses to sit within a parametric insurance policy that incentivise insured parties to provide for the rapid restoration of coral reefs after catastrophic weather events.
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.
Millie’s Clause adapts Connor’s Clause to place additional disclosure obligations on the insured if it changes, meets or fails to meet its emissions reduction targets, linked to premium adjustments.
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 clause requiring companies to carry out a climate change risk assessment, to be inserted into the General Conditions of corporate insurance policies across all lines of business.
Drafting for corporate finance documentation whereby interest payments are adjusted based on the borrower group’s performance measured against water sustainability key performance indicators (KPIs).
A clause for insurance policies covering dispute costs and expenses (such as After The Event (ATE) Insurance policies) that requires the insured to conduct disputes in an environmentally friendly way.
A clause ‘extending’ insurance policies to cover pending climate change litigation, on the condition that the policyholder discloses its net zero targets and climate risk exposure.
A menu of climate aligned practical steps organisations can require their counterparties to take to transition to net zero.
Rose's Clause builds climate change mitigation into the environmental/ social standards in Development Finance Institution (DFI) or Export Credit Agency (ECA) finance transactions.
Helps issuers of debt securities tasked with drafting risk factors for prospectuses to assess the financial impacts of climate-related risks and provide climate-related risk factor disclosure.