Model Paris-Compliant Objects Clause for Company’s Articles of Association

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 draft objects or general-purpose clause for inclusion in a company’s articles of association in order to concentrate its stakeholders’ (including directors’) minds on the importance of making sure that the company’s activities proceed in an environmentally-appropriate and Paris-compliant manner.

The model clause is available in the attached volume at page 42 (“Arlo’s Clause”).