Jurisdiction(s):
United Kingdom
Related legal acts
Key definition
Net Zero definition

What does Net Zero mean? In legal practice, Net Zero describes the point at which, for a defined period (commonly each calendar year) and by an agreed target date (often 2050), an organisation’s greenhouse gas (GHG) emissions are balanced by the permanent removal of an equivalent amount, after first achieving deep absolute reductions across Scope 1, Scope 2 and relevant Scope 3 emissions in line with the paris agreement goals. Net Zero is a widely used descriptive term rather than a single statutory definition. Economy-wide targets exist: the UK Climate Change Act 2008 (as amended) sets a 2050 net UK emissions target (Scotland’s target date...

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Net Zero Precedent Clauses for MMC Construction and Development Agreements (Madhavi’s Clause), adapted from The Chancery Lane Project

Precedents
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Precedent green clauses

These model green provisions are designed for insertion within construction agreements, adapting sustainable practices and Net Zero-aligned terms sourced from the Chancery Lane Project (TCLP)’s construction clauses for deployment in...

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Web page updated on 27/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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