Insights and Analysis

Global ESG in Real Estate: Green Leases Webinar

15 October 2021

If you are wondering what green leases clauses are and how different jurisdictions are incorporating them into their real estate leases, watch the recording of our global webinar that took place on Tuesday 28 September 2021.

With approximately 40% of carbon emissions coming from the built environment, we looked at how some key jurisdictions tackle ESG clauses and the need to make leases greener. Our lawyers from different parts of the globe reported on similarities and differences between approaches in the UK, Europe and the US. The EU countries are united by the EU Sustainable Finance Disclosure Regulation, which has tightened the environmental compliance requirements. The UK has a similar legislative impetus and, although it has no legal disclosure obligation, many investors require this information in any event. The US, on the other hand, was a slow starter but is now embracing the ESG agenda and is on track to be a leader rather than a follower in this sphere.

Whether you are an investor, developer, lender, landlord or tenant, the green lease agenda will affect you and your organisation in myriad ways. The climate change report which has recently been issued by the United Nations only serves to highlight how important it is for the real estate industry to play its part in reducing carbon emissions.

This recording will enable you to take a plunge into the future of green leases, an issue that affects most businesses and is now more pertinent than ever before. And if you prefer the written word, see our global analysis in the Related Materials.

Please click here to view the Webinar.

Authored by Jane Dockeray and Ingrid Stables.