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tribunals to conduct disputes is carbon intensive and environmentally unfriendly. Solution Emilia’s
Contracts for Climate Change (June21) Capital markets claus…
sponsor agreements in respect of an entity’s environmental position and climate risk. The clause wou
1428808_Contracts for Climate Change – Summaries of Supply …
the other party’s Scope 1-3 emissions. Issue Parties are often locked in supply contracts for years.
Contracts for Climate Change (June21) Investment and M&A cl…
improves the target company’s green credentials post- acquisition, linked to payment from escrow if
Contracts for Climate Change Summary of Sustainable Transport Services Clause
Each of the precedents has a child’s name chosen by the drafting team. This is to encourage long-term thinking and to focus on the next generation as they will be most affected by the serious consequences if we fail to effectively respond to the climate crisis.
SUSTAINABLE CONNECTIVITY IN RAIL FRANCHISE AGREEMENTS — SAVA’S CLAUSE
#greeninfrastructure #greentransport #sustainability
Issue
There is no requirement for Train Operating Companies (TOCs) to provide low emissions vehicles for ancillary services, which is contrary to the UK Government’s Net Zero strategy. Solution Sava’s Clause would create requirements within existing franchise agreements for TOCs to use a certain percentage of low emissions vehicles. Impact The clause would ensure that ancillary transport is also considered as part of a Net Zero strategy resulting in reduction of the overall carbon footprint of the transportation sector.