Not maintained Archives

Interest Ratchet Clause for Carbon Saving

27 March 2024

Laith and Irsa's ClauseAn interest ratchet mechanism for loan facility agreements that lowers the cost of capital for companies who (directly or indirectly) save carbon in their operations. [Drafting note:...

Insurance: Disclosure and Mitigation of Pending Climate Change Litigation

27 March 2024

Cassie's ClauseA 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.Pending Climate Change...

Insurance Premium Adjustment for D&O Climate-related Financial Disclosures

27 March 2024

Archie's ClauseThis clause incentivises companies to mitigate climate risk through a reduction in insurance premiums for policyholders who meet agreed disclosure standards regarding climate-related financial risks.[1. Premium Adjustment...

Indigenous/ Local Knowledge in Board Director Appointments

27 March 2024

Jedda's ClauseThis clause is a comprehensive toolkit for appointing Indigenous Peoples/Person as a director of a company. The clause includes a suggested definition of the term Indigenous Peoples/ Person.Part...

Incentives for Insured Parties to Disclose and Meet GHG Emissions Targets

27 March 2024

Millie's ClauseThis 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...

Heads of Terms for Landowner Collaboration on Environmental Schemes

27 March 2024

William's ClauseHeads 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...

Greener and More Efficient HGVs in Road and Multimodal Transport Agreements

27 March 2024

Caesar's ClauseA 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...

Green Transaction Execution Protocols

27 March 2024

Evan's ProtocolsGreen execution protocols which parties can adopt at the start of a transaction to minimise the carbon footprint of deal execution.Green Transaction Protocols[Drafting note: to be added to...

Green Termination Provision (Short Form)

27 March 2024

Annie's ClauseA clause that allows a right of termination for a customer so that they can pivot to a greener supplier to meet their sustainability, climate or other environmental...

Green Shareholders’ Agreement (Short Form for SMEs)

27 March 2024

Ava's ClauseAmendments 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...

Green Supplier Agreement Terms

27 March 2024

Zoë and Bea’s ClauseGreen procurement clauses and a checklist to focus standard supply agreements on reducing emissions across a value chain.Greenhouse gas and carbon emissions 1. Measure, manage and report...

Green Service Charge Provisions for Commercial Leases

27 March 2024

Hannah's ClauseAllows 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).[Drafting...