How can you work to green your business, one contract clause at a time?
Use contracts to achieve rapid decarbonisation
Contracts govern every aspect of our economy. They sit behind every transaction and write the rules for how an activity should be carried out. So what if each of those contracts included terms to tackle climate change and deliver decarbonisation targets?
The Chancery Lane Project (TCLP) is a global network of lawyers and business leaders, using the power of climate contracts to deliver rapid decarbonisation at scale. Over 100 climate clauses are now available, with no charge, that have been drafted and peer reviewed by lawyers from across the TCLP network. The clauses can be inserted into contracts immediately - providing solutions that enable you to pre-empt climate risks, reduce emissions and act on climate opportunities.
What is the business case for climate clauses?
Contracts are bespoke and comparatively nimble documents which can be changed quickly, implemented immediately and enforced using normal enforcement mechanisms. Climate clauses are a tailored solution to specific goals, industries and geographic locations, creating ambitious and culturally sensitive solutions.
The climate crisis is here now; it brings immediate threats, but also many commercial opportunities. How are you adapting your business model to take climate action? Is your corporate strategy rooted in the transition to net zero? Does your governance system empower you to green your business? These questions demand immediate attention: in the boardroom, in conversations with clients, and in meetings with suppliers. And contract negotiations can get the ball rolling.
How can I start conversations and lead contract negotiations?
TCLP materials are designed to start conversations around climate clauses, inspire, and to guide users through the complexities of using clauses in practice.
Vodafone is one organisation that has introduced TCLP’s climate clauses into its supply chain contracts. To assist with negotiations, Vodafone encourages those in the early stages of using climate clauses to get buy-in from seni
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