TCLP+Climate+Contract+Playbook+Edition+3

Climate Contract Playbook Edition 3

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Environmental Action Plan means the plan prepared by the Parties and appended to this Agreement, which shall indicate the necessary actions, including the allocation of responsibilities and implementation schedule, for the purposes of ensuring that the design, construction, installation, operation, maintenance, and/or decommission (as appropriate) of the Parties’ [and their subcontractors’] Facilities, Plants, and Equipment shall meet, within the timescales set out therein, and maintain substantial compliance with, the Environmental Standards and Guidelines, the Environmental Legislation and the Sustainability Policy. Environmental Damage Report means a written report describing (a) the relevant Party’s non- compliance with the Environmental Action Plan, Environmental Legislation, Environmental Standards and Guidelines, and/or the Sustainability Policy, and/or (b) any Serious Environmental Incident. The report shall include a reasonable description of the event, detailing its extent, magnitude, and impact (or, where such impact is unknown, the potential impact). Environmental Issues means issues related to: (a) emissions, spills, or discharges to the air, water, ground, or subsoil; (b) management of waste and Hazardous Substances; (c) other activities or circumstances that produce Greenhouse Gases; (d) preservation or management of habitats and ecosystems, as well as the protection of living organisms present therein; and (e) any other issue that may have a significant or substantial effect on the environment, biodiversity, animal habitats, or climate change in general. Environmental Legislation means all statutes, laws, regulations, decrees, resolutions, codes, orders, plans, and judicial or administrative decisions or interpretations issued at the international, national, state, municipal, or sector level that govern or make reference to Environmental Issues that are applicable within any jurisdiction where the Parties carry out their operations, whether or not compliance is mandatory. Environmental Licences means all licenses, approvals, and permits necessary for each Party’s business and operations including, but not limited to, those issued by any governmental, local or planning authority where required by any Environmental Legislation. Environmental Monitoring Report means the true, accurate and complete report prepared by an appropriately qualified environmental, sustainability consultant appointed by each Party [after consultation with the other Party] on the relevant Party’s compliance with the Environmental Action Plan, the Environmental Legislation, the Environmental Standards and Guidelines, and the Sustainability Policy, confirming compliance therewith or detailing the non-compliance thereof, together with the remedial action taken to ensure compliance with the Environmental Action Plan, the Environmental Legislation, the Environmental Standards and Guidelines, and the Sustainability Policy.

Environmental Representations means the representations set out in Clause 1.

Environmental Standards and Guidelines means such guidelines and performance standards that contain best environmental practices to be implemented by the Parties in the design, construction, installation, operation, maintenance, and/or decommission (as appropriate) of all their Facilities, Plants, and Equipment, as referred to in the Sustainability Policy, and other guiding regulations and documents listed in the Environmental Action Plan.

Facilities, Plants and Equipment means the respective facilities, plants and equipment used by the Parties [and their subcontractors] for the purpose of carrying out their obligations under this Agreement.

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