Model Green Investment Obligations Clause

The Chancery Lane Project, a collaborative effort of UK lawyers to develop new contracts and model laws to help fight climate change, has published a model amendment to standard non leveraged investment documents to focus the founders and investee company on climate change and environmental issues with their products, services, and operations. The proposed amendments will mean that a company and founder will have various obligations in relation to climate risk and sustainability reporting.

The model clause is available in the attached volume at page 12 (“Frank’s Clause”).