Climate Contract Playbook Edition 3
70
Environmental Business Charter The intention of the Environmental Business Charter is to incorporate environmental awareness and best practice in the legal community. We recognise that the City and legal community can use their combined influence to support the decarbonisation of the economy. In this way, the Charter is practical and commercial. It recognises the power of the legal and financial community to start positively shaping the future. It believes that together, by placing environmental issues at the forefront of business, the City can guarantee its ongoing success and influence. The Charter is to encourage discussion and reflection on howwe as individuals and businesses can achieve change.
Organisation Undertakings Publish GHG emissions Limits on use of offsetting to achieve targets Transparency and consistency on green ratings and credentials
Conscious Travel While the importance of building relationships through face to face meetings is recognised, the cost of business travel and flights should be weighed against this. Abusiness case justification should be made for practices that are not in keeping with the organisation’s environmental charter. Challenge whether the use of technology can achieve an equivalent result. Challenge the business norm of travelling without thought.
Technology Invest and encourage virtual meetings.
Long term decision making Commit to considering environmental best practice in all transactions including the sharing with other firms and companies of a ‘toolkit’ of terms and clauses to promote the environment. Identify commercial risks and opportunities raised by decarbonisation and failure to decarbonise. Encourage the use of ‘green’ language as commercial language. Employee incentives Flexibility with leave and working out of the office to accommodate and encourage train travel. Offer the ability to take advantage of company offsets. Offer climate sabbaticals 37. Client/Customer Divestment Consider whether the organisation’s Client/Customer base is in alignment with their environmental targets and policy.
37 See Eric’s clause.
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