The BBP Green Lease Toolkit app provides comprehensive, practical guidance on both green leases and MoUs to enable owners and occupiers of commercial buildings to work together to reduce the adverse environmental impact of their buildings.
It is hoped the widespread adoption of green leases/MoUs will accelerate the process of making the UK’s existing commercial properties more sustainable.
The app includes the following:
• Best practice recommendations by which, through a
partnership approach, owners and occupiers can agree appropriate arrangements to best fit with the circumstances of individual properties.
• A Model Form Memorandum of Understanding which can be used in full or in part and which parties can enter into at any stage of a lease.
• Model Form Green Lease Clauses which the BBP believes should be included in new and renewal leases as a minimum as best practice. The extent to which these clauses are used will depend on the parties’ ambitions and what is appropriate for individual circumstances.
The Toolkit has been developed in collaboration with some of the UK’s largest commercial property owners and legal firms, with the aim of providing practical guidance on sustainability issues to help drive a reduction in carbon emissions and other associated adverse environmental impacts in commercial buildings.