Jurisdiction(s):
United Kingdom

BBP’s 2024 Green Lease Toolkit: overview of tiered clauses, ‘Green Lease Essentials’, and drafting guidance compatible with Model Commercial Lease and PSG (Scotland), emphasising data sharing and renewable energy

Published on: 14 February 2024

Published by a LexisNexis Property expert

Legal News

Article summary

What does the toolkit comprise?

While the heart of the toolkit is a set of model green lease clauses, free for anyone to adopt and weave into their leases, it also offers a range of supplementary materials. There is an explainer on what green leases involve and why they matter. You’ll also find advice for preparing heads of terms, since addressing sustainability from the outset is vital to securing inclusion of the clauses and to ensuring both sides engage with sustainability from the beginning of the relationship. Further content supports the owner–occupier dynamic, alongside case studies and links to additional helpful sources. The legal provisions span multiple themes and, with light, medium and dark green variants, provide the flexibility to meet people wherever they are on their sustainability journeys.

How does it differ from the previous toolkit?

The last refresh was in 2013. The new edition is intended to be a living toolkit. We will therefore not have to wait another decade for revisions. Extra resources will be added as and when the Better Building Partnership has material to share. New material will be incorporated on a rolling basis whenever the Better Building Partnership secures information. Updates to...

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